Is 72801, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72801 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72801 has remained a Seller's Market.

Key Takeaway

72801 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72801, AR

How much do homes in 72801, AR cost?

Median Sold Price

$150,000

$118/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$32,500(-17.8%)

Key Takeaway

Homes in 72801 have sold for 17.8% less than they did a month ago.

Summary: The median home sold price in 72801 was $150,000 in October 2024, down 17.8% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $135K$123.5K
-8.5%
3 $221.2K$192K
-13.2%
4 --
N/A
5+ --
N/A

Summary: 72801 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 decreased by 8.5%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 72801, AR

How many homes are available in 72801, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1413-7.1%

Summary: The 72801 real estate market had 13 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 76
-14.3%
4 33
0.0%
5+ 11
0.0%

Summary: The 72801 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 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72801, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 72801 in October 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 72801, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 5 Days Ago

Newest Listings in 72801, AR

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