Is 72761, 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, 72761 has remained a Seller's Market.
Housing Prices in 72761, AR
How much do homes in 72761, AR cost?
Median Sold Price
$259,000
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 72761 was $259,000 in April 2024, up 7.9% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $386.2K | +382.8% |
2 Bedrooms | $150K | $188K | +25.3% |
3 Bedrooms | $230K | $240K | +4.3% |
4 Bedrooms | $319K | $327.5K | +2.7% |
5+ Bedrooms | $370K | $517K | +39.7% |
Summary: 72761 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 382.8%, 2 bedroom homes increased by 25.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 39.7%.
Housing Supply in 72761, AR
How many homes are available in 72761, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
145 | 140 | -3.4% |
Summary: The 72761 real estate market had 140 homes for sale in April 2024, a 3.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 80 | 67 | -16.3% |
4 Bedrooms | 48 | 54 | +12.5% |
5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 72761 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 33 | +6.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 72761 in April 2024, up by 6.5% month-over-month. Of the 33 sold homes, 45% were sold under asking, 39% were sold at asking, and 15% were sold over asking.
Days on Market for 72761, AR
How long does it take to sell a home in 72761, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
75 Days | 107 Days | +42.5% |
Summary: Homes in 72761 had an average of 107 days on market in Apr 2024, up by 42.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 72761; 12% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.