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
$290,000
$164/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 71913 have sold for 4.6% more than they did a month ago.
Summary: The median home sold price in 71913 was $290,000 in April 2024, up 4.6% from last month, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178.5K | $192.5K | +7.8% |
| 2 Bedrooms | $218K | $241.5K | +10.8% |
| 3 Bedrooms | $252K | $285K | +13.1% |
| 4 Bedrooms | $577.5K | $640K | +10.8% |
| 5+ Bedrooms | $260K | $477K | +83.5% |
Summary: 71913 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 83.5%.
Housing Supply in 71913, AR
How many homes are available in 71913, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 356 | 393 | +10.4% |
Summary: The 71913 real estate market had 393 homes for sale in April 2024, a 10.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 17 | -10.5% |
| 2 Bedrooms | 111 | 124 | +11.7% |
| 3 Bedrooms | 139 | 160 | +15.1% |
| 4 Bedrooms | 64 | 66 | +3.1% |
| 5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The 71913 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10.5%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 64 | +20.8% |
Asking Price vs. Sold Price
43 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 71913, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.
Summary: A total of 64 homes were sold or pending in 71913 in April 2024, up by 20.8% month-over-month. Of the 58 sold homes, 74% were sold under asking, 17% were sold at asking, and 9% 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.