Is 72632, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 72632 was a Seller's Market.
Housing Prices in 72632, AR
How much do homes in 72632, AR cost?
Median Sold Price
$302,450
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72632 was $302,450 in April 2024, up 6.6% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $170K | -20.0% |
2 Bedrooms | $250K | $245K | -2.0% |
3 Bedrooms | $310K | $322.5K | +4.0% |
4 Bedrooms | $397.9K | $507.5K | +27.5% |
5+ Bedrooms | $1.0M | $750K | -25.7% |
Summary: 72632 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 27.5%, and 5+ bedroom homes decreased by 25.7%.
Housing Supply in 72632, AR
How many homes are available in 72632, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 51 | +13.3% |
Summary: The 72632 real estate market had 51 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 14 | 14 | 0.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 72632 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 72632 in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 72632, AR
How long does it take to sell a home in 72632, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
111 Days | 119 Days | +7.0% |
Summary: Homes in 72632 had an average of 119 days on market in Apr 2024, up by 7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 72632; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.