Is 72758, 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, 72758 has remained a Seller's Market.
Housing Prices in 72758, AR
How much do homes in 72758, AR cost?
Median Sold Price
$389,116
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72758 was $389,116 in April 2024, down 9.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $204.7K | N/A |
2 Bedrooms | $337.1K | $308K | -8.6% |
3 Bedrooms | $305K | $314.2K | +3.0% |
4 Bedrooms | $535K | $520K | -2.8% |
5+ Bedrooms | $627.5K | $835K | +33.1% |
Summary: 72758 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 8.6%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 33.1%.
Housing Supply in 72758, AR
How many homes are available in 72758, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
168 | 174 | +3.6% |
Summary: The 72758 real estate market had 174 homes for sale in April 2024, a 3.6% 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 | 14 | 9 | -35.7% |
3 Bedrooms | 64 | 64 | 0.0% |
4 Bedrooms | 63 | 74 | +17.5% |
5+ Bedrooms | 26 | 26 | 0.0% |
Summary: The 72758 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 35.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 61 | +48.8% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 61 homes were sold or pending in 72758 in April 2024, up by 48.8% month-over-month. Of the 61 sold homes, 51% were sold under asking, 33% were sold at asking, and 16% were sold over asking.
Days on Market for 72758, AR
How long does it take to sell a home in 72758, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 66 Days | +9.0% |
Summary: Homes in 72758 had an average of 66 days on market in Apr 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 61 homes were sold in 72758; 13% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.