Is 72727, 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, 72727 has remained a Seller's Market.
Housing Prices in 72727, AR
How much do homes in 72727, AR cost?
Median Sold Price
$270,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72727 was $270,000 in April 2024, up 8% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151.5K | - | N/A |
2 Bedrooms | $245K | $200K | -18.4% |
3 Bedrooms | $249.9K | $250K | 0.0% |
4 Bedrooms | $265K | $316.5K | +19.4% |
5+ Bedrooms | - | $444.4K | N/A |
Summary: 72727 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 decreased by 18.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
72727 | $250K | $270K | +8.0% |
72701 | $399.9K | $377.5K | -5.6% |
Housing Supply in 72727, AR
How many homes are available in 72727, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The 72727 real estate market had 22 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 4 | +33.3% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 72727 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 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 72727 in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 72727, AR
How long does it take to sell a home in 72727, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 98 Days | +63.2% |
Summary: Homes in 72727 had an average of 98 days on market in Apr 2024, up by 63.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in 72727; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.