Stay informed with Rocket and Redfin

Understand your market like never before.

72416 Housing Market Report June 2025•Craighead County, Arkansas

hero building illustration for mobile

Housing Prices in 72416, AR

How much do homes in 72416, AR cost?

Housing Market Conditions

Is 72416, 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

72416 is a Seller's Market

Difference Since June 2024

Since last year, 72416 has remained a Seller's Market.

Insight

72416 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$205,500$143/SqFt
-$7,000
-3.3%

Based on all homes sold in the last 12 months

Insight

Homes in 72416 have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in 72416 was $205,500 in June 2025, down 3.3% from last year, and the median price per square foot was $143.

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
72401
-1.3%
72404
-1.9%
72416
-3.3%
72476
-5.7%

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.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$275K$100K
-63.6%
3$204K$206K
+1.0%
4$289.9K$297.5K
+2.6%
5$474.9K$284.9K
-40.0%

Summary: 72416 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -63.6%. The home price for 3 bedroom homes increased by +1.0%. The home price for 4 bedroom homes increased by +2.6%. The home price for 5 bedroom homes decreased by -40.0%.

How does 72416, AR compare with other places?

Market comparison tool

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

72416, AR

Housing supply in 72416, AR

How many homes are available in 72416, 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
33Last MonthJun 2025
252 months agoMay 2025
+32.0 %
Change MoMMay – Jun

Summary: The 72416 real estate market had 33 homes for sale in Jun 2025, a 32.0 % increase compared to May 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
13Last MonthJun 2025
72 months agoMay 2025
+85.7 %
Change MoMMay – Jun

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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
212
+100.0%
32028
+40.0%
443
-25.0%
500
0.0%

Summary: 72416 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +40.0%. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 72416, 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 Price4 Homes

At Asking Price2 Homes

Under Asking Price5 Homes

Insight

If you're buying a home in 72416, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 72416 in June 2025, up by 85.7% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and and 36% were sold over asking.

Days on Market for 72416, AR

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

Home sale times aren’t available for this area.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in 72416, AR

What homes are available in 72416, AR?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Arkansas

MLS Disclaimers and Copyright

Based on information from Northeast Arkansas Board of REALTORS® MLS, and Cooperative Arkansas REALTORS® MLS for the period 07/01/2023 - 07/01/2025

Copyright © 2025 Northeast Arkansas Board of Realtors MLS 2025. All rights reserved.
Broker Reciprocity Broker Reciprocity is the current compilation of active listings of all Broker Reciprocity subscribers except those listings where the seller has opted out of internet publication by so indicating on the listing contract or by written notice to the Multiple Listing Service. Information is provided by the Northeast Arkansas Board of REALTORS® MLS. Listing 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Any use of search facilities of data on the site, other than by 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: 8/1/2025, 8:45:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 8/1/2025, 8:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.