Is 72753, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72753 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 72753 was a Seller's Market.

Key Takeaway

72753 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72753, AR

How much do homes in 72753, AR cost?

Median Sold Price

$312,000

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,000(+4.0%)

Key Takeaway

Homes in 72753 have sold for 4% more than they did a year ago.

Summary: The median home sold price in 72753 was $312,000 in October 2024, up 4% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $431K$210K
-51.3%
2 $192.5K$200K
+3.9%
3 $280K$292K
+4.3%
4 $348K$339.9K
-2.3%
5+ $747.5K$629.5K
-15.8%

Summary: 72753 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.3%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Zip Codes

72774
+5.1%
72730
+4.9%
72753
+4.0%
72744
-1.9%

Housing Supply in 72753, AR

How many homes are available in 72753, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
107104-2.8%

Summary: The 72753 real estate market had 104 homes for sale in October 2024, a 2.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 55
0.0%
3 5755
-3.5%
4 3635
-2.8%
5+ 77
0.0%

Summary: The 72753 housing inventory by bedroom type for October 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 3.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2913-55.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72753, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 72753 in October 2024, down by 55.2% month-over-month. Of the 13 sold homes, 46% were sold under asking, 46% were sold at asking, and 8% were sold over asking.

Days on Market for 72753, AR

How long does it take to sell a home in 72753, AR?

Average Sale Time

Oct 2023Oct 2024CHANGE
64 Days94 Days+45.7%

Summary: Homes in 72753 had an average of 94 days on market in Oct 2024, up by 45.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72753 has remained consistent over time.

Summary: During October 2024, 13 homes were sold in 72753; 15% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 38% 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 21 Days Ago

Newest Listings in 72753, AR

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