Is 71953, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 71953 was a Neutral Market.
Key Takeaway
71953 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 71953, AR
How much do homes in 71953, AR cost?
Median Sold Price
$182,500
$109/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in 71953 have sold for 33.2% more than they did a month ago.
Summary: The median home sold price in 71953 was $182,500 in April 2024, up 33.2% from last month, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $199.5K | +37.6% |
| 2 Bedrooms | $90K | $115K | +27.8% |
| 3 Bedrooms | $153.5K | $215K | +40.1% |
| 4 Bedrooms | $125K | - | N/A |
| 5+ Bedrooms | $260K | - | N/A |
Summary: 71953 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 40.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 71953, AR
How many homes are available in 71953, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 118 | 121 | +2.5% |
Summary: The 71953 real estate market had 121 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 27 | 22 | -18.5% |
| 3 Bedrooms | 58 | 65 | +12.1% |
| 4 Bedrooms | 19 | 21 | +10.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The 71953 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 18.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 14 | -26.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 71953, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 71953 in April 2024, down by 26.3% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for 71953, AR
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.