Is 72002, 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, 72002 has remained a Seller's Market.
Housing Prices in 72002, AR
How much do homes in 72002, AR cost?
Median Sold Price
$347,950
$151/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in 72002 was $347,950 in May 2024, up 32.8% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $235K | $225K | -4.3% |
4 Bedrooms | $369K | $386K | +4.6% |
5+ Bedrooms | - | $417.5K | N/A |
Summary: 72002 housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes did not change.
Housing Supply in 72002, AR
How many homes are available in 72002, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
102 | 119 | +16.7% |
Summary: The 72002 real estate market had 119 homes for sale in May 2024, a 16.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 50 | 61 | +22.0% |
4 Bedrooms | 44 | 47 | +6.8% |
5+ Bedrooms | 8 | 11 | +37.5% |
Summary: The 72002 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 increased by 22%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 30 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 72002 in May 2024, up by 50.0% month-over-month. Of the 28 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% were sold over asking.
Days on Market for 72002, AR
We’re sorry, we don't have information for this market at the moment