Is 72529, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72529 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 72529 has remained a Buyer's Market.

Key Takeaway

72529 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 72529, AR

How much do homes in 72529, AR cost?

Median Sold Price

$135,000

$112/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$3,000(-2.2%)

Key Takeaway

Homes in 72529 have sold for 2.2% less than they did a month ago.

Summary: The median home sold price in 72529 was $135,000 in April 2024, down 2.2% from last month, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $138K$115K
-16.7%
3 $197.4K$131K
-33.7%
4 -$499K
N/A
5+ --
N/A

Summary: 72529 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 decreased by 16.7%, 3 bedroom homes decreased by 33.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72529
-2.2%
72542
-12.5%

Housing Supply in 72529, AR

How many homes are available in 72529, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7891+16.7%

Summary: The 72529 real estate market had 91 homes for sale in April 2024, a 16.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 3941
+5.1%
3 3339
+18.2%
4 49
+125.0%
5+ 22
0.0%

Summary: The 72529 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 5.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 125%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
910+11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72529, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 72529 in April 2024, up by 11.1% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for 72529, 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 72529, AR

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