Is 72042, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72042 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72042 has remained a Seller's Market.

Key Takeaway

72042 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72042, AR

How much do homes in 72042, AR cost?

Median Sold Price

$27,000

$20/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$29,000(-51.8%)

Key Takeaway

Homes in 72042 have sold for 51.8% less than they did a month ago.

Summary: The median home sold price in 72042 was $27,000 in April 2024, down 51.8% from last month, and the median price per square foot was $20.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$27K
N/A
3 --
N/A
4 $56K-
N/A
5+ --
N/A

Summary: 72042 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 did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 72042, AR

How many homes are available in 72042, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The 72042 real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The 72042 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72042, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in 72042 in April 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 72042, 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 8 Days Ago

Newest Listings in 72042, AR

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