Is 72764, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72764 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 72764 was a Seller's Market.

Key Takeaway

72764 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 72764, AR

How much do homes in 72764, AR cost?

Median Sold Price

$304,187

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,187(-1.7%)

Key Takeaway

Homes in 72764 have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in 72764 was $304,187 in November 2024, down 1.7% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $92.5K$199K
+115.1%
2 $186K$200K
+7.5%
3 $289.9K$285K
-1.7%
4 $405K$394.5K
-2.6%
5+ $550K$550.5K
0.1%

Summary: 72764 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 115.1%, 2 bedroom homes increased by 7.5%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 0.1%.

Median Sold Price Compared To Nearby Zip Codes

72756
+9.4%
72745
+4.2%
72703
+3.3%
72764
-1.7%

Housing Supply in 72764, AR

How many homes are available in 72764, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
169163-3.6%

Summary: The 72764 real estate market had 163 homes for sale in November 2024, a 3.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 1010
0.0%
3 7873
-6.4%
4 7066
-5.7%
5+ 1012
+20.0%

Summary: The 72764 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5027-46.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72764, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 72764 in November 2024, down by 46.0% month-over-month. Of the 27 sold homes, 44% were sold under asking, 37% were sold at asking, and 19% were sold over asking.

Days on Market for 72764, AR

How long does it take to sell a home in 72764, AR?

Average Sale Time

Nov 2023Nov 2024CHANGE
67 Days84 Days+26.6%

Summary: Homes in 72764 had an average of 84 days on market in Nov 2024, up by 26.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72764 has remained consistent over time.

Summary: During November 2024, 27 homes were sold in 72764; 11% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 41% 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 72764, AR

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