71909 Housing Market Report February 2025•Garland County, Arkansas

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Housing Prices in 71909, AR

How much do homes in 71909, AR cost?

Housing Market Conditions

Is 71909, AR a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

71909 is a Buyer's Market

Difference Since February 2024

At the same time last year, 71909 was a Seller's Market.

Insight

71909 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$322,350$156/SqFt
+$32,683
+11.3%

Based on all homes sold in the last 12 months

Insight

Homes in 71909 have sold for 11.3% more than they did a year ago.

Summary: The median home sold price in 71909 was $322,350 in February 2025, up 11.3% from last year, and the median price per square foot was $156.

Median Sold Price By Zip Codes

Median Sold Price By Zip Codes
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
71909
+11.3%
71901
+8.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1--
N/A
2$165K$165K
0.0%
3$306K$335K
+9.5%
4$525K$467.5K
-11.0%
5$899.9K$684K
-24.0%

Summary: 71909 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +9.5%. The home price for 4 bedroom homes decreased by -11.0%. The home price for 5 bedroom homes decreased by -24.0%.

How does 71909, AR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

71909, AR

Housing supply in 71909, AR

How many homes are available in 71909, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
305Last MonthFeb 2025
2442 months agoJan 2025
+25.0 %
Change MoMJan – Feb

Summary: The 71909 real estate market had 305 homes for sale in Feb 2025, a 25.0 % increase compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
39Last MonthFeb 2025
372 months agoJan 2025
+5.4 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
111
0.0%
24054
+35.0%
3167201
+20.4%
43039
+30.0%
5610
+66.7%

Summary: 71909 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +35.0%. The inventory for 3 bedroom homes increased by +20.4%. The inventory for 4 bedroom homes increased by +30.0%. The inventory for 5 bedroom homes increased by +66.7%.

Asking Price vs. Sold Price

How much do homes in 71909, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price6 Homes

At Asking Price16 Homes

Under Asking Price15 Homes

Insight

If you're buying a home in 71909, expect to pay close to the asking price. 43.2% of homes here sold near the asking price last month.

Summary: A total of 39 homes were sold or pending in 71909 in February 2025, up by 5.4% month-over-month. Of the 37 sold homes, 41% were sold under asking, 43% were sold at asking, and and 16% were sold over asking.

Days on Market for 71909, AR

How long does it take to sell a home in 71909, AR?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days6 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in 71909 has remained consistent over time.

Summary: During February 2025, 39 homes were sold in 71909; 3% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
41 DaysThis YearFeb 2025
104 Days1 year agoFeb 2024
-60.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 71909 had an average listing age of 41 days in Feb 2025, down by 60.5% compared to the previous year.

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Newest Listings in 71909, AR

What homes are available in 71909, AR?

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MLS Disclaimers and Copyright

Based on information from Cooperative Arkansas REALTORS® MLS, Hot Springs Board of Realtors MLS, Western River Valley Board of REALTORS® MLS, Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, and Texarkana Board of REALTORS MLS for the period 03/01/2023 - 03/01/2025

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright © 2025, Hot Springs Board of REALTORS® MLS. All rights reserved. Information deemed reliable but is not guaranteed.

IDX The data relating to real estate for sale on this web site comes in part from the Hot Springs Data Share Program of the Hot Springs Multiple Listing Service. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Texarkana Board of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.