Is 72774, 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, 72774 was a Seller's Market.
Housing Prices in 72774, AR
How much do homes in 72774, AR cost?
Median Sold Price
$233,950
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 72774 was $233,950 in May 2024, down 10% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249.5K | $85.8K | -65.6% |
2 Bedrooms | $245K | $168K | -31.4% |
3 Bedrooms | $250K | $255K | +2.0% |
4 Bedrooms | $287K | $305K | +6.3% |
5+ Bedrooms | $408.7K | - | N/A |
Summary: 72774 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 65.6%, 2 bedroom homes decreased by 31.4%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes did not change.
Housing Supply in 72774, AR
How many homes are available in 72774, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The 72774 real estate market had 25 homes for sale in May 2024, a 8.7% 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 | 4 | 5 | +25.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 72774 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in 72774 in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for 72774, AR
How long does it take to sell a home in 72774, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 54 Days | -9.0% |
Summary: Homes in 72774 had an average of 54 days on market in May 2024, down by 9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in 72774; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.