Is 72734, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 72734 was a Buyer's Market.
Housing Prices in 72734, AR
How much do homes in 72734, AR cost?
Median Sold Price
$269,900
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72734 was $269,900 in April 2024, up 5.9% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201K | $215K | +7.0% |
3 Bedrooms | $242.4K | $248.4K | +2.5% |
4 Bedrooms | $266K | $300K | +12.8% |
5+ Bedrooms | $468.9K | $489K | +4.3% |
Summary: 72734 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 7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 4.3%.
Housing Supply in 72734, AR
How many homes are available in 72734, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 65 | -4.4% |
Summary: The 72734 real estate market had 65 homes for sale in April 2024, a 4.4% decrease 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 | 5 | 6 | +20.0% |
3 Bedrooms | 36 | 35 | -2.8% |
4 Bedrooms | 25 | 22 | -12.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 72734 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 20%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 12 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 72734 in April 2024, up by 100.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 72734, AR
How long does it take to sell a home in 72734, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
97 Days | 80 Days | -17.3% |
Summary: Homes in 72734 had an average of 80 days on market in Apr 2024, down by 17.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in 72734; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.