Is 71901, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 71901 was a Buyer's Market.
Housing Prices in 71901, AR
How much do homes in 71901, AR cost?
Median Sold Price
$280,000
$152/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 71901 was $280,000 in April 2024, up 21.2% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136.2K | $68K | -50.1% |
2 Bedrooms | $186K | $105K | -43.5% |
3 Bedrooms | $235K | $280K | +19.1% |
4 Bedrooms | $479.9K | $355.5K | -25.9% |
5+ Bedrooms | - | - | N/A |
Summary: 71901 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 50.1%, 2 bedroom homes decreased by 43.5%, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes did not change.
Housing Supply in 71901, AR
How many homes are available in 71901, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
158 | 171 | +8.2% |
Summary: The 71901 real estate market had 171 homes for sale in April 2024, a 8.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 70 | 83 | +18.6% |
4 Bedrooms | 39 | 37 | -5.1% |
5+ Bedrooms | 18 | 22 | +22.2% |
Summary: The 71901 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 18.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 37 | +76.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in 71901 in April 2024, up by 76.2% month-over-month. Of the 33 sold homes, 61% were sold under asking, 24% were sold at asking, and 15% were sold over asking.
Days on Market for 71901, AR
We’re sorry, we don't have information for this market at the moment