Is 72732, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 72732 was a Seller's Market.
Housing Prices in 72732, AR
How much do homes in 72732, AR cost?
Median Sold Price
$492,500
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 72732 was $492,500 in March 2024, up 18.7% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $268.7K | +37.8% |
2 Bedrooms | $182K | $345K | +89.6% |
3 Bedrooms | $400K | $460K | +15.0% |
4 Bedrooms | $630K | $792.5K | +25.8% |
5+ Bedrooms | $1.2M | $1.5M | +25.5% |
Summary: 72732 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes increased by 89.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 25.5%.
Housing Supply in 72732, AR
How many homes are available in 72732, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 36 | +9.1% |
Summary: The 72732 real estate market had 36 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 72732 housing inventory by bedroom type for March 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 25%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 72732 in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 72732, AR
How long does it take to sell a home in 72732, AR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
136 Days | 99 Days | -27.1% |
Summary: Homes in 72732 had an average of 99 days on market in Mar 2024, down by 27.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in 72732; 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.