Is 71913, 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, 71913 has remained a Neutral Market.
Key Takeaway
71913 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 71913, AR
How much do homes in 71913, AR cost?
Median Sold Price
$311,500
$164/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in 71913 have sold for 9.3% more than they did a month ago.
Summary: The median home sold price in 71913 was $311,500 in May 2024, up 9.3% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $240K | +24.7% |
| 2 Bedrooms | $208K | $147.2K | -29.2% |
| 3 Bedrooms | $285K | $281.5K | -1.2% |
| 4 Bedrooms | $640K | $491K | -23.3% |
| 5+ Bedrooms | $669K | $1.3M | +94.3% |
Summary: 71913 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 24.7%, 2 bedroom homes decreased by 29.2%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 23.3%, and 5+ bedroom homes increased by 94.3%.
Housing Supply in 71913, AR
How many homes are available in 71913, AR?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 377 | 403 | +6.9% |
Summary: The 71913 real estate market had 403 homes for sale in May 2024, a 6.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 15 | -11.8% |
| 2 Bedrooms | 115 | 129 | +12.2% |
| 3 Bedrooms | 158 | 166 | +5.1% |
| 4 Bedrooms | 64 | 64 | 0.0% |
| 5+ Bedrooms | 23 | 29 | +26.1% |
Summary: The 71913 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 5.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 26.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 62 | 59 | -4.8% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 71913, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in 71913 in May 2024, down by 4.8% month-over-month. Of the 56 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 71913, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The 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 data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.