Is 72753, 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, 72753 has remained a Seller's Market.
Housing Prices in 72753, AR
How much do homes in 72753, AR cost?
Median Sold Price
$285,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72753 was $285,000 in April 2024, up 3.6% 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 | $112K | $270K | +141.1% |
2 Bedrooms | $188.7K | $190K | +0.7% |
3 Bedrooms | $270K | $276.7K | +2.5% |
4 Bedrooms | $320K | $340.5K | +6.4% |
5+ Bedrooms | $515K | $760K | +47.6% |
Summary: 72753 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 141.1%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 47.6%.
Housing Supply in 72753, AR
How many homes are available in 72753, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 98 | +11.4% |
Summary: The 72753 real estate market had 98 homes for sale in April 2024, a 11.4% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 50 | 55 | +10.0% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 72753 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 decreased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 19 | +111.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 72753 in April 2024, up by 111.1% month-over-month. Of the 19 sold homes, 53% were sold under asking, 47% were sold at asking, and 0% were sold over asking.
Days on Market for 72753, AR
How long does it take to sell a home in 72753, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 106 Days | +38.9% |
Summary: Homes in 72753 had an average of 106 days on market in Apr 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 72753; 5% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.