72701 Housing Market Report February 2025•Washington County, Arkansas

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Housing Prices in 72701, AR

How much do homes in 72701, AR cost?

Housing Market Conditions

Is 72701, 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

72701 is a Seller's Market

Difference Since February 2024

Since last year, 72701 has remained a Seller's Market.

Insight

72701 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.
$410,000$218/SqFt
+$33,750
+9.0%

Based on all homes sold in the last 12 months

Insight

Homes in 72701 have sold for 9% more than they did a year ago.

Summary: The median home sold price in 72701 was $410,000 in February 2025, up 9% from last year, and the median price per square foot was $218.

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
72774
+19.4%
72701
+9.0%
72703
+5.7%
72730
+5.3%
72727
+4.2%

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$315K$280K
-11.1%
2$335K$352.5K
+5.2%
3$326.5K$341K
+4.4%
4$441K$525K
+19.0%
5$674.5K$790K
+17.1%

Summary: 72701 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -11.1%. The home price for 2 bedroom homes increased by +5.2%. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes increased by +19.0%. The home price for 5 bedroom homes increased by +17.1%.

How does 72701, AR compare with other places?

Market comparison tool

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

72701, AR

Housing supply in 72701, AR

How many homes are available in 72701, 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
142Last MonthFeb 2025
1452 months agoJan 2025
-2.1 %
Change MoMJan – Feb

Summary: The 72701 real estate market had 142 homes for sale in Feb 2025, a 2.1 % decrease 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
27Last MonthFeb 2025
302 months agoJan 2025
-10.0 %
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
122
0.0%
37170
-1.4%
43737
0.0%
51312
-7.7%
22221
-4.5%

Summary: 72701 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 3 bedroom homes decreased by -1.4%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -7.7%. The inventory for 2 bedroom homes decreased by -4.5%.

Asking Price vs. Sold Price

How much do homes in 72701, 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 Price3 Homes

At Asking Price3 Homes

Under Asking Price20 Homes

Insight

If you're buying a home in 72701, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in 72701 in February 2025, down by 10.0% month-over-month. Of the 26 sold homes, 77% were sold under asking, 12% were sold at asking, and and 12% were sold over asking.

Days on Market for 72701, AR

How long does it take to sell a home in 72701, AR?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days10 Homes

Over 90 Days12 Homes

Insight

Most homes in 72701 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 27 homes were sold in 72701; 15% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 44% 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
99 DaysThis YearFeb 2025
104 Days1 year agoFeb 2024
-4.5 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in 72701 had an average listing age of 99 days in Feb 2025, down by 4.5% compared to the previous year.

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Newest Listings in 72701, AR

What homes are available in 72701, AR?

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MLS Disclaimers and Copyright

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

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: 3/15/2025, 12:20:52 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: 3/15/2025, 12:20:48 AM 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: 3/15/2025, 12:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.