Is 72730, 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, 72730 has remained a Seller's Market.
Housing Prices in 72730, AR
How much do homes in 72730, AR cost?
Median Sold Price
$320,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72730 was $320,000 in April 2024, up 3.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $255K | $210K | -17.6% |
3 Bedrooms | $279.9K | $307K | +9.7% |
4 Bedrooms | $382.5K | $417.5K | +9.2% |
5+ Bedrooms | $862K | $775K | -10.1% |
Summary: 72730 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 17.6%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in 72730, AR
How many homes are available in 72730, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 50 | -19.4% |
Summary: The 72730 real estate market had 50 homes for sale in April 2024, a 19.4% decrease 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 | 1 | 2 | +100.0% |
3 Bedrooms | 36 | 28 | -22.2% |
4 Bedrooms | 21 | 18 | -14.3% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 72730 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 decreased by 22.2%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 12 | -50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 72730 in April 2024, down by 50.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for 72730, AR
How long does it take to sell a home in 72730, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
89 Days | 104 Days | +17.4% |
Summary: Homes in 72730 had an average of 104 days on market in Apr 2024, up by 17.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 72730; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.