Is 72722, 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, 72722 has remained a Seller's Market.
Housing Prices in 72722, AR
How much do homes in 72722, AR cost?
Median Sold Price
$182,600
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72722 was $182,600 in April 2024, up 1.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $293K | N/A |
2 Bedrooms | $163K | - | N/A |
3 Bedrooms | $178.7K | $180K | +0.7% |
4 Bedrooms | $320K | $358.5K | +12.0% |
5+ Bedrooms | $1.3M | $869.1K | -33.1% |
Summary: 72722 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 did not change, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 33.1%.
Housing Supply in 72722, AR
How many homes are available in 72722, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Summary: The 72722 real estate market had 11 homes for sale in April 2024, a 83.3% 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 | 0 | 2 | +100.0% |
3 Bedrooms | 2 | 6 | +200.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 72722 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 100%, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 72722 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 72722, AR
How long does it take to sell a home in 72722, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 55 Days | +35.4% |
Summary: Homes in 72722 had an average of 55 days on market in Apr 2024, up by 35.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in 72722; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.