Is 72768, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72768 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 72768 was a Buyer's Market.

Key Takeaway

72768 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72768, AR

How much do homes in 72768, AR cost?

Median Sold Price

$285,000

$205/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$160,000(+128.0%)

Key Takeaway

Homes in 72768 have sold for 128% more than they did a month ago.

Summary: The median home sold price in 72768 was $285,000 in October 2024, up 128% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $125K$140K
+12.0%
3 -$285K
N/A
4 -$463K
N/A
5+ --
N/A

Summary: 72768 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72768
+128.0%
64854
+1.1%

Housing Supply in 72768, AR

How many homes are available in 72768, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1417+21.4%

Summary: The 72768 real estate market had 17 homes for sale in October 2024, a 21.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 33
0.0%
3 44
0.0%
4 69
+50.0%
5+ 00
0.0%

Summary: The 72768 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 remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72768, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 72768 in October 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 72768, AR

How long does it take to sell a home in 72768, AR?

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days148 Days+253.2%

Summary: Homes in 72768 had an average of 148 days on market in Oct 2024, up by 253.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 72768 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 72768; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

Newest Listings in 72768, AR

Nearby Markets to 72768, AR