Is 72764, 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, 72764 has remained a Seller's Market.
Housing Prices in 72764, AR
How much do homes in 72764, AR cost?
Median Sold Price
$315,750
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 72764 was $315,750 in May 2024, up 5.9% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $145K | $95K | -34.5% |
2 Bedrooms | $185K | $207.5K | +12.2% |
3 Bedrooms | $278.9K | $290.5K | +4.1% |
4 Bedrooms | $362K | $397.4K | +9.8% |
5+ Bedrooms | $535K | $527.7K | -1.4% |
Summary: 72764 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.5%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 1.4%.
Housing Supply in 72764, AR
How many homes are available in 72764, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
164 | 175 | +6.7% |
Summary: The 72764 real estate market had 175 homes for sale in May 2024, a 6.7% 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 | 8 | 6 | -25.0% |
3 Bedrooms | 90 | 98 | +8.9% |
4 Bedrooms | 57 | 61 | +7.0% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The 72764 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 25%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
40 | 50 | +25.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in 72764 in May 2024, up by 25.0% month-over-month. Of the 50 sold homes, 44% were sold under asking, 32% were sold at asking, and 24% were sold over asking.
Days on Market for 72764, AR
How long does it take to sell a home in 72764, AR?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
67 Days | 79 Days | +17.9% |
Summary: Homes in 72764 had an average of 79 days on market in May 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During May 2024, 50 homes were sold in 72764; 18% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.