The 72116 housing market is somewhat competitive. The median sale price of a home in 72116 was $225K last month, up 6.6% since last year. The median sale price per square foot in 72116 is $119, up 8.2% since last year.
In October 2024, 72116 home prices were up 6.6% compared to last year, selling for a median price of $225K. On average, homes in 72116 sell after 50 days on the market compared to 38 days last year. There were 92 homes sold in October this year, up from 71 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$224,950
+6.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
72116, AR
$224,950
+6.6%
United States
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How hot is the 72116 housing market?
72116 is somewhat competitive. Homes sell in 47 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 47 days.
Hot homes
can sell for around list price and go pending in around 27 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 72116 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 72116.
Flood Factor - Minor
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
72116 has a minor risk of flooding. 800 properties in 72116 are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in 72116. Flood risk is increasing slower than the national average.
55% of properties are at risk of wildfire over the next 30 years
Fire Factor
72116 has a moderate risk of wildfire. There are 4,453 properties in 72116 that have some risk of being affected by wildfire over the next 30 years. This represents 55% of all properties in 72116.
100% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
72116 has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 72116 is most at risk from hurricanes. 8,083 properties in 72116 have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 63 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 65 mph.