Is 72401, 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, 72401 has remained a Seller's Market.
Housing Prices in 72401, AR
How much do homes in 72401, AR cost?
Median Sold Price
$228,000
$130/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 72401 was $228,000 in April 2024, up 4.1% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $108.7K | $173K | +59.2% |
3 Bedrooms | $191.9K | $228K | +18.8% |
4 Bedrooms | $349.9K | $337.7K | -3.5% |
5+ Bedrooms | - | - | N/A |
Summary: 72401 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 59.2%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
72401 | $219K | $228K | +4.1% |
72404 | $225.9K | $215.7K | -4.5% |
72416 | $210K | $143.7K | -31.6% |
72417 | $274.9K | $166.2K | -39.5% |
Housing Supply in 72401, AR
How many homes are available in 72401, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
132 | 144 | +9.1% |
Summary: The 72401 real estate market had 144 homes for sale in April 2024, a 9.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 19 | +5.6% |
3 Bedrooms | 63 | 69 | +9.5% |
4 Bedrooms | 47 | 49 | +4.3% |
5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The 72401 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 increased by 5.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 72401 in April 2024, up by 24.0% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for 72401, AR
We’re sorry, we don't have information for this market at the moment