Is 72758, 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, 72758 has remained a Seller's Market.
Housing Prices in 72758, AR
How much do homes in 72758, AR cost?
Median Sold Price
$396,561
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 72758 was $396,561 in May 2024, down 7.8% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $204.7K | N/A |
2 Bedrooms | $337.1K | $311.4K | -7.6% |
3 Bedrooms | $307K | $313.3K | +2.1% |
4 Bedrooms | $545.3K | $520K | -4.6% |
5+ Bedrooms | $646.4K | $760K | +17.6% |
Summary: 72758 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 7.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 17.6%.
Housing Supply in 72758, AR
How many homes are available in 72758, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
189 | 172 | -9.0% |
Summary: The 72758 real estate market had 172 homes for sale in May 2024, a 9.0% decrease 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 | 9 | 9 | 0.0% |
3 Bedrooms | 68 | 66 | -2.9% |
4 Bedrooms | 81 | 64 | -21.0% |
5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The 72758 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 remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 21%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 57 | -6.6% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in 72758 in May 2024, down by 6.6% month-over-month. Of the 57 sold homes, 60% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for 72758, AR
How long does it take to sell a home in 72758, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
69 Days | 77 Days | +12.4% |
Summary: Homes in 72758 had an average of 77 days on market in May 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
31 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During May 2024, 57 homes were sold in 72758; 14% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.