Is 72719, 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, 72719 has remained a Seller's Market.
Housing Prices in 72719, AR
How much do homes in 72719, AR cost?
Median Sold Price
$350,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72719 was $350,000 in April 2024, up 8.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $179.4K | $229.2K | +27.8% |
3 Bedrooms | $280.2K | $299.9K | +7.0% |
4 Bedrooms | $400K | $445K | +11.3% |
5+ Bedrooms | $564.9K | $635.9K | +12.6% |
Summary: 72719 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 12.6%.
Housing Supply in 72719, AR
How many homes are available in 72719, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 103 | +4.0% |
Summary: The 72719 real estate market had 103 homes for sale in April 2024, a 4.0% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 27 | 31 | +14.8% |
4 Bedrooms | 60 | 58 | -3.3% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 72719 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 remained the same, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 72719 in April 2024, down by 3.8% month-over-month. Of the 25 sold homes, 40% were sold under asking, 56% were sold at asking, and 4% were sold over asking.
Days on Market for 72719, AR
How long does it take to sell a home in 72719, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 104 Days | +19.0% |
Summary: Homes in 72719 had an average of 104 days on market in Apr 2024, up by 19% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in 72719; 4% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.