Is 72207, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, 72207 has remained a Seller's Market.
Housing Prices in 72207, AR
How much do homes in 72207, AR cost?
Median Sold Price
$430,000
$230/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 72207 was $430,000 in April 2024, up 26.7% from last month, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $245K | $159K | -35.1% |
3 Bedrooms | $339.5K | $430K | +26.7% |
4 Bedrooms | $543K | $719.9K | +32.6% |
5+ Bedrooms | $840K | $239K | -71.5% |
Summary: 72207 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.1%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 32.6%, and 5+ bedroom homes decreased by 71.5%.
Housing Supply in 72207, AR
How many homes are available in 72207, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 72 | +12.5% |
Summary: The 72207 real estate market had 72 homes for sale in April 2024, a 12.5% increase 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 | 12 | 10 | -16.7% |
3 Bedrooms | 32 | 34 | +6.3% |
4 Bedrooms | 16 | 21 | +31.3% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The 72207 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 decreased by 16.7%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 14 | -12.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 72207 in April 2024, down by 12.5% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.
Days on Market for 72207, AR
We’re sorry, we don't have information for this market at the moment