Is 72032, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72032 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72032 has remained a Seller's Market.

Key Takeaway

72032 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72032, AR

How much do homes in 72032, AR cost?

Median Sold Price

$210,000

$146/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$12,500(-5.6%)

Key Takeaway

Homes in 72032 have sold for 5.6% less than they did a month ago.

Summary: The median home sold price in 72032 was $210,000 in April 2024, down 5.6% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $128K$255K
+99.2%
3 $191.5K$201.4K
+5.2%
4 $395K$235.5K
-40.4%
5+ -$55K
N/A

Summary: 72032 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 increased by 99.2%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 40.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72034
+11.0%
72032
-5.6%
72173
-30.6%
72106
-32.3%

Housing Supply in 72032, AR

How many homes are available in 72032, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10396-6.8%

Summary: The 72032 real estate market had 96 homes for sale in April 2024, a 6.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1313
0.0%
3 5347
-11.3%
4 3430
-11.8%
5+ 36
+100.0%

Summary: The 72032 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 decreased by 11.3%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3235+9.4%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72032, expect to pay close to the asking price. 51.6% of homes here sold near the asking price last month.

Summary: A total of 35 homes were sold or pending in 72032 in April 2024, up by 9.4% month-over-month. Of the 31 sold homes, 29% were sold under asking, 52% were sold at asking, and 19% were sold over asking.

Days on Market for 72032, 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 1 Day Ago

Newest Listings in 72032, AR

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