Is 72631, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 72631 has remained a Seller's Market.
Housing Prices in 72631, AR
How much do homes in 72631, AR cost?
Median Sold Price
$290,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72631 was $290,000 in April 2024, up 5.5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $86K | $145.2K | +68.9% |
2 Bedrooms | $191.4K | $190K | -0.8% |
3 Bedrooms | $307.5K | $290K | -5.7% |
4 Bedrooms | $366.5K | $375K | +2.3% |
5+ Bedrooms | $535K | $692.5K | +29.4% |
Summary: 72631 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 29.4%.
Housing Supply in 72631, AR
How many homes are available in 72631, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 64 | +3.2% |
Summary: The 72631 real estate market had 64 homes for sale in April 2024, a 3.2% 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 | 16 | 17 | +6.3% |
3 Bedrooms | 27 | 28 | +3.7% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 72631 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 6.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 72631 in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.
Days on Market for 72631, AR
How long does it take to sell a home in 72631, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
128 Days | 58 Days | -54.3% |
Summary: Homes in 72631 had an average of 58 days on market in Apr 2024, down by 54.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 72631; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.