Is 72554, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72554 is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, 72554 has remained a Neutral Market.

Key Takeaway

72554 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 72554, AR

How much do homes in 72554, AR cost?

Median Sold Price

$128,000

$70/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$42,000(+48.8%)

Key Takeaway

Homes in 72554 have sold for 48.8% more than they did a month ago.

Summary: The median home sold price in 72554 was $128,000 in April 2024, up 48.8% from last month, and the median price per square foot was $70.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $49K$128K
+161.2%
3 $158.5K$55K
-65.3%
4 $55K-
N/A
5+ --
N/A

Summary: 72554 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 161.2%, 3 bedroom homes decreased by 65.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72554
+48.8%
72542
-12.5%
65791
-43.2%

Housing Supply in 72554, AR

How many homes are available in 72554, AR?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2321-8.7%

Summary: The 72554 real estate market had 21 homes for sale in April 2024, a 8.7% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 99
0.0%
4 76
-14.3%
5+ 11
0.0%

Summary: The 72554 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72554, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 72554 in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 72554, AR

How long does it take to sell a home in 72554, AR?

Average Sale Time

Mar 2024Apr 2024CHANGE
85 Days12 Days-85.9%

Summary: Homes in 72554 had an average of 12 days on market in Apr 2024, down by 85.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 72554 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in 72554; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

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