Is 72211, 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, 72211 has remained a Seller's Market.
Housing Prices in 72211, AR
How much do homes in 72211, AR cost?
Median Sold Price
$297,250
$159/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in 72211 was $297,250 in May 2024, up 13.5% from last month, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | $237.5K | $287.2K | +20.9% |
3 Bedrooms | $259K | $287.5K | +11.0% |
4 Bedrooms | $197.5K | $465K | +135.4% |
5+ Bedrooms | $653.5K | $447.5K | -31.5% |
Summary: 72211 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 increased by 20.9%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 135.4%, and 5+ bedroom homes decreased by 31.5%.
Housing Supply in 72211, AR
How many homes are available in 72211, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
80 | 89 | +11.3% |
Summary: The 72211 real estate market had 89 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 9 | 5 | -44.4% |
3 Bedrooms | 50 | 52 | +4.0% |
4 Bedrooms | 17 | 29 | +70.6% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 72211 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 70.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 21 | -19.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 72211 in May 2024, down by 19.2% month-over-month. Of the 20 sold homes, 25% were sold under asking, 40% were sold at asking, and 35% were sold over asking.
Days on Market for 72211, AR
We’re sorry, we don't have information for this market at the moment