Is 72732, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, 72732 has remained a Buyer's Market.
Housing Prices in 72732, AR
How much do homes in 72732, AR cost?
Median Sold Price
$474,000
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 72732 was $474,000 in May 2024, up 21.9% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $187.5K | -3.8% |
2 Bedrooms | $182K | $332.5K | +82.7% |
3 Bedrooms | $387K | $457.5K | +18.2% |
4 Bedrooms | $612.5K | $792.5K | +29.4% |
5+ Bedrooms | $1.1M | $1.8M | +67.0% |
Summary: 72732 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 82.7%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 67%.
Housing Supply in 72732, AR
How many homes are available in 72732, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 47 | +4.4% |
Summary: The 72732 real estate market had 47 homes for sale in May 2024, a 4.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 2 | -66.7% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 15 | 19 | +26.7% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 72732 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 26.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 72732 in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 72732, AR
How long does it take to sell a home in 72732, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
139 Days | 94 Days | -31.9% |
Summary: Homes in 72732 had an average of 94 days on market in May 2024, down by 31.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in 72732; 17% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.