$10,000 Closing Credit*
$950,000
3,120 SqFt
4 Beds
•3 Full Baths
Listing Office: McGraw Realtors
Is 72761, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 72761 was a Seller's Market.
Key Takeaway
72761 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 72761, AR
How much do homes in 72761, AR cost?
Median Sold Price
$254,775
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,405(+1.0%)
Key Takeaway
Homes in 72761 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 72761 was $254,775 in November 2024, up 1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $329.5K | $175.2K | -46.8% |
| 2 Bedrooms | $179.9K | $189.6K | +5.4% |
| 3 Bedrooms | $232K | $241.7K | +4.2% |
| 4 Bedrooms | $299.9K | $311.8K | +4.0% |
| 5+ Bedrooms | $535K | $475K | -11.2% |
Summary: 72761 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.8%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 11.2%.
Housing Supply in 72761, AR
How many homes are available in 72761, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 166 | 146 | -12.0% |
Summary: The 72761 real estate market had 146 homes for sale in November 2024, a 12.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 93 | 83 | -10.8% |
| 4 Bedrooms | 54 | 48 | -11.1% |
| 5+ Bedrooms | 14 | 11 | -21.4% |
Summary: The 72761 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 decreased by 20%, 3 bedroom homes decreased by 10.8%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes decreased by 21.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 23 | -37.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 72761, you may be able to get a good deal. 52.2% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 72761 in November 2024, down by 37.8% month-over-month. Of the 23 sold homes, 52% were sold under asking, 30% were sold at asking, and 17% were sold over asking.
Days on Market for 72761, AR
How long does it take to sell a home in 72761, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 136 Days | +47.6% |
Summary: Homes in 72761 had an average of 136 days on market in Nov 2024, up by 47.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 72761 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 23 homes were sold in 72761; 0% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 65% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.