Is 71909, 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, 71909 has remained a Seller's Market.
Housing Prices in 71909, AR
How much do homes in 71909, AR cost?
Median Sold Price
$317,500
$158/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in 71909 was $317,500 in May 2024, down 2% from last month, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $177.5K | $196K | +10.4% |
3 Bedrooms | $329K | $326.6K | -0.7% |
4 Bedrooms | $412K | $575K | +39.6% |
5+ Bedrooms | $750K | - | N/A |
Summary: 71909 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.4%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 39.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
71909 | $324K | $317.5K | -2.0% |
72087 | $155K | $134K | -13.5% |
71901 | $280K | $184.5K | -34.1% |
Housing Supply in 71909, AR
How many homes are available in 71909, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
248 | 243 | -2.0% |
Summary: The 71909 real estate market had 243 homes for sale in May 2024, a 2.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 44 | 48 | +9.1% |
3 Bedrooms | 170 | 163 | -4.1% |
4 Bedrooms | 24 | 24 | 0.0% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 71909 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 53 | -3.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in 71909 in May 2024, down by 3.6% month-over-month. Of the 49 sold homes, 41% were sold under asking, 41% were sold at asking, and 18% were sold over asking.
Days on Market for 71909, AR
We’re sorry, we don't have information for this market at the moment