Is 72727, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 72727 was a Seller's Market.
Housing Prices in 72727, AR
How much do homes in 72727, AR cost?
Median Sold Price
$259,950
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 72727 was $259,950 in May 2024, up 1.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151.5K | - | N/A |
2 Bedrooms | $260K | $205K | -21.2% |
3 Bedrooms | $248.2K | $250K | +0.7% |
4 Bedrooms | $267.8K | $304.7K | +13.8% |
5+ Bedrooms | - | $444.4K | N/A |
Summary: 72727 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
72701 | $365K | $381.3K | +4.5% |
72727 | $256K | $259.9K | +1.5% |
Housing Supply in 72727, AR
How many homes are available in 72727, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 27 | +17.4% |
Summary: The 72727 real estate market had 27 homes for sale in May 2024, a 17.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 72727 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 72727 in May 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for 72727, AR
How long does it take to sell a home in 72727, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
110 Days | 101 Days | -8.5% |
Summary: Homes in 72727 had an average of 101 days on market in May 2024, down by 8.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in 72727; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.