Is 71833, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 71833 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 71833 has remained a Buyer's Market.

Key Takeaway

71833 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 71833, AR

How much do homes in 71833, AR cost?

Median Sold Price

$85,000

$71/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$200,000(-70.2%)

Key Takeaway

Homes in 71833 have sold for 70.2% less than they did a month ago.

Summary: The median home sold price in 71833 was $85,000 in April 2024, down 70.2% from last month, and the median price per square foot was $71.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $285K$85K
-70.2%
4 --
N/A
5+ --
N/A

Summary: 71833 housing prices by bedroom type for April 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 decreased by 70.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

71852
-21.2%
71833
-70.2%

Housing Supply in 71833, AR

How many homes are available in 71833, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The 71833 real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The 71833 housing inventory by bedroom type for April 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 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 71833, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 71833 in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 71833, 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 Apr 1, 2024

Newest Listings in 71833, AR

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