$2,850 Closing Credit*
$240,000
1,852 SqFt
3 Beds
•2 Full Baths
Listing Office: PAK Home Realty
Is 72903, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 72903 has remained a Seller's Market.
Key Takeaway
72903 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 72903, AR
How much do homes in 72903, AR cost?
Median Sold Price
$477,500
$140/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$209,500(+78.2%)
Key Takeaway
Homes in 72903 have sold for 78.2% more than they did a month ago.
Summary: The median home sold price in 72903 was $477,500 in October 2024, up 78.2% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $170K | $278.7K | +64.0% |
| 4 Bedrooms | $268K | $565K | +110.8% |
| 5+ Bedrooms | $540K | $1.0M | +85.2% |
Summary: 72903 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 did not change, 3 bedroom homes increased by 64%, 4 bedroom homes increased by 110.8%, and 5+ bedroom homes increased by 85.2%.
Median Sold Price Compared To Nearby Zip Codes
| 72903 | $268K | $477.5K | +78.2% |
| 72908 | $237.2K | $412K | +73.7% |
Housing Supply in 72903, AR
How many homes are available in 72903, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 18 | -18.2% |
Summary: The 72903 real estate market had 18 homes for sale in October 2024, a 18.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 72903 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 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 72903, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 72903 in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 72903, AR
How long does it take to sell a home in 72903, AR?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 79 Days | +89.3% |
Summary: Homes in 72903 had an average of 79 days on market in Oct 2024, up by 89.3% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 72903 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 72903; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.