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Market Report for 72116

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How's the Market?

Showing market report for 72116

Market reports are generalized for the area. For detailed statistics or a custom analysis consult with your real estate associate or contact us.

Active Listing Statistics

In 72116, the average list price of a single-family home is $186,809. The average price per square foot is $90. There are currently 94 homes for sale with 32 new listings added in the last month.

Active Units by Property Type

ACTIVE UNITS BY PRICE RANGE

Comparing Month to Month

*** Recent Month Last Year % Change
New Listings 32 20 60%
Avg. List Price $206,963 $189,805 9.04%
Avg. Price Sq/Ft $90 $88 2.27%
Avg. Days on Market 90 130 -30.77%

Recent Month of 09/01/19 - 09/30/19 to Last Year 09/01/18 - 09/30/18

Comparing Year to Year

*** Recent Month Last Year % Change
New Listings 397 357 11.2%
Avg. List Price $186,809 $180,990 3.22%
Avg. Price Sq/Ft $90 $86 4.65%
Avg. Days on Market 73 98 -25.51%

Recent Year of 10/04/18 - 10/03/19 to Last Year 10/04/17 - 10/03/18

Average Single Family Home Price by Bedrooms

# Bedrooms List Price Per Sq. Ft.
5+ $396,486 $82
4 $223,839 $84
3 $181,658 $97
2 $165,940 $107

Recent Month of 09/01/19 - 09/30/19 to Last Year 09/01/18 - 09/30/18

Explore More Areas

Most popular top 5 zip codes for the Greater Metro Area near Memphis

Active Listings

Based on total # of homes for sale

#
City, State, Zip
Explore Area
196
Little Rock, AR, 72223
183
Cabot, AR, 72023
143
Sherwood, AR, 72120
142
Searcy, AR, 72143
116
Jacksonville, AR, 72076
Sold Listings

Based on total # homes sold

#
City, State, Zip
Explore Area
712
Sherwood, AR, 72120
707
Cabot, AR, 72023
618
Conway, AR, 72034
486
Little Rock, AR, 72223
458
Benton, AR, 72015
Price

Based on highest avg. home price

Price
City, State, Zip
Explore Area
$672,994
Little Rock, AR, 72207
$574,885
Roland, AR, 72135
$554,836
Little Rock, AR, 72223
$489,075
Paron, AR, 72122
$437,500
Conway, AR, 72033

Sold Listing Statistics

In 72116 the average sales price of a single–family home is $174,661. This is a change of 0.72% from the previous year. The average price per square foot is $87. There were 348 homes sold in the last year. This is an increase of 2.25 % from the previous year.

Sold Listing Statistics

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Market reports on our site are generalized. For detailed statistics or a custom analysis consult with your real estate agent, send a request online or call Crye-Leike at 866-310-3102.