Is 72529, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 72529 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 72529 was a Buyer's Market.

Key Takeaway

72529 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 72529, AR

How much do homes in 72529, AR cost?

Median Sold Price

$143,950

$97/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$19,050(+15.3%)

Key Takeaway

Homes in 72529 have sold for 15.3% more than they did a month ago.

Summary: The median home sold price in 72529 was $143,950 in May 2024, up 15.3% from last month, and the median price per square foot was $97.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $125.5K$130K
+3.6%
3 $118.4K$209K
+76.4%
4 $499K$385K
-22.8%
5+ --
N/A

Summary: 72529 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 3.6%, 3 bedroom homes increased by 76.4%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

72542
+19.6%
72529
+15.3%

Housing Supply in 72529, AR

How many homes are available in 72529, AR?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9287-5.4%

Summary: The 72529 real estate market had 87 homes for sale in May 2024, a 5.4% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 4037
-7.5%
3 4137
-9.8%
4 910
+11.1%
5+ 23
+50.0%

Summary: The 72529 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 7.5%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1319+46.2%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 72529, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in 72529 in May 2024, up by 46.2% month-over-month. Of the 18 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for 72529, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 72529, AR

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