Is 72744, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72744 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 72744 has remained a Seller's Market.

Key Takeaway

72744 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72744, AR

How much do homes in 72744, AR cost?

Median Sold Price

$227,499

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,000(-0.9%)

Key Takeaway

Homes in 72744 have sold for 0.9% less than they did a year ago.

Summary: The median home sold price in 72744 was $227,499 in November 2024, down 0.9% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $144.1K$146K
+1.3%
3 $220K$234K
+6.4%
4 $327K$285.9K
-12.6%
5+ $605K$396.2K
-34.5%

Summary: 72744 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes decreased by 34.5%.

Median Sold Price Compared To Nearby Zip Codes

72753
+5.0%
72744
-0.9%

Housing Supply in 72744, AR

How many homes are available in 72744, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3632-11.1%

Summary: The 72744 real estate market had 32 homes for sale in November 2024, a 11.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 2419
-20.8%
4 77
0.0%
5+ 12
+100.0%

Summary: The 72744 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72744, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 72744 in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.

Days on Market for 72744, AR

How long does it take to sell a home in 72744, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
108 Days60 Days-44.3%

Summary: Homes in 72744 had an average of 60 days on market in Nov 2024, down by 44.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72744 has remained consistent over time.

Summary: During November 2024, 9 homes were sold in 72744; 22% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

Newest Listings in 72744, AR

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