Is 72015, 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, 72015 has remained a Seller's Market.
Housing Prices in 72015, AR
How much do homes in 72015, AR cost?
Median Sold Price
$227,500
$145/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in 72015 was $227,500 in March 2024, up 13.8% from last month, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $127.5K | $124K | -2.7% |
3 Bedrooms | $207K | $205K | -1.0% |
4 Bedrooms | $247.4K | $357.5K | +44.5% |
5+ Bedrooms | - | - | N/A |
Summary: 72015 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 decreased by 2.7%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 44.5%, and 5+ bedroom homes did not change.
Housing Supply in 72015, AR
How many homes are available in 72015, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
127 | 139 | +9.4% |
Summary: The 72015 real estate market had 139 homes for sale in March 2024, a 9.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 63 | 68 | +7.9% |
4 Bedrooms | 49 | 56 | +14.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 72015 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 remained the same, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
36 | 38 | +5.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 72015 in March 2024, up by 5.6% month-over-month. Of the 37 sold homes, 46% were sold under asking, 35% were sold at asking, and 19% were sold over asking.
Days on Market for 72015, AR
How long does it take to sell a home in 72015, AR?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
171 Days | 113 Days | -34.0% |
Summary: Homes in 72015 had an average of 113 days on market in Mar 2024, down by 34% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 38 homes were sold in 72015; 0% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.