Is 71923, 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, 71923 was a Neutral Market.
Housing Prices in 71923, AR
How much do homes in 71923, AR cost?
Median Sold Price
$130,000
$116/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 71923 was $130,000 in March 2024, down 7.9% from last month, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $50K | $112K | +124.0% |
3 Bedrooms | $141.1K | $210.5K | +49.1% |
4 Bedrooms | $253K | $282.5K | +11.7% |
5+ Bedrooms | - | - | N/A |
Summary: 71923 housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 124%, 3 bedroom homes increased by 49.1%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.
Housing Supply in 71923, AR
How many homes are available in 71923, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
56 | 74 | +32.1% |
Summary: The 71923 real estate market had 74 homes for sale in March 2024, a 32.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 27 | 40 | +48.1% |
4 Bedrooms | 15 | 16 | +6.7% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 71923 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 48.1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 15 | +87.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 71923 in March 2024, up by 87.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 71923, AR
We’re sorry, we don't have information for this market at the moment