Is 72543, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72543 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 72543 has remained a Seller's Market.

Key Takeaway

72543 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72543, AR

How much do homes in 72543, AR cost?

Median Sold Price

$213,250

$139/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$31,750(-13.0%)

Key Takeaway

Homes in 72543 have sold for 13% less than they did a month ago.

Summary: The median home sold price in 72543 was $213,250 in April 2024, down 13% from last month, and the median price per square foot was $139.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $293.8K$415K
+41.2%
3 $249.5K$230K
-7.8%
4 $237.5K$165.5K
-30.3%
5+ --
N/A

Summary: 72543 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 41.2%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 30.3%, and 5+ bedroom homes did not change.

Housing Supply in 72543, AR

How many homes are available in 72543, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10598-6.7%

Summary: The 72543 real estate market had 98 homes for sale in April 2024, a 6.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1517
+13.3%
3 5847
-19.0%
4 2628
+7.7%
5+ 55
0.0%

Summary: The 72543 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 13.3%, 3 bedroom homes decreased by 19%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2618-30.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72543, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 72543 in April 2024, down by 30.8% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.

Days on Market for 72543, 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 13 Days Ago

Newest Listings in 72543, AR

Nearby Markets to 72543, AR