Is 72764, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 72764 has remained a Seller's Market.
Housing Prices in 72764, AR
How much do homes in 72764, AR cost?
Median Sold Price
$312,166
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 72764 was $312,166 in March 2024, up 8.1% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147.4K | $92.5K | -37.3% |
2 Bedrooms | $180.4K | $199K | +10.3% |
3 Bedrooms | $269.6K | $291.5K | +8.1% |
4 Bedrooms | $375K | $397.4K | +6.0% |
5+ Bedrooms | $535K | $550.5K | +2.9% |
Summary: 72764 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 2.9%.
Housing Supply in 72764, AR
How many homes are available in 72764, AR?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
141 | 152 | +7.8% |
Summary: The 72764 real estate market had 152 homes for sale in March 2024, a 7.8% 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 | 2 | 6 | +200.0% |
3 Bedrooms | 76 | 84 | +10.5% |
4 Bedrooms | 54 | 53 | -1.9% |
5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The 72764 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 increased by 200%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 54 | +125.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 54 homes were sold or pending in 72764 in March 2024, up by 125.0% month-over-month. Of the 54 sold homes, 41% were sold under asking, 54% were sold at asking, and 6% were sold over asking.
Days on Market for 72764, AR
How long does it take to sell a home in 72764, AR?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
75 Days | 82 Days | +9.2% |
Summary: Homes in 72764 had an average of 82 days on market in Mar 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 54 homes were sold in 72764; 24% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.