Is 72227, 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, 72227 has remained a Seller's Market.
Housing Prices in 72227, AR
How much do homes in 72227, AR cost?
Median Sold Price
$270,000
$131/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 72227 was $270,000 in April 2024, up 38.5% from last month, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $113K | -22.1% |
3 Bedrooms | $225K | $240K | +6.7% |
4 Bedrooms | $195K | $289.4K | +48.4% |
5+ Bedrooms | - | $369K | N/A |
Summary: 72227 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 22.1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 48.4%, and 5+ bedroom homes did not change.
Housing Supply in 72227, AR
How many homes are available in 72227, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
52 | 56 | +7.7% |
Summary: The 72227 real estate market had 56 homes for sale in April 2024, a 7.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 10 | +11.1% |
3 Bedrooms | 22 | 23 | +4.5% |
4 Bedrooms | 20 | 22 | +10.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 72227 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 increased by 11.1%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 72227 in April 2024, up by 54.5% month-over-month. Of the 15 sold homes, 33% were sold under asking, 47% were sold at asking, and 20% were sold over asking.
Days on Market for 72227, AR
We’re sorry, we don't have information for this market at the moment