72905Greenwood, AR Housing Market

Balanced market+72.9% YoY

$121,000median sale price

The 72905 zip code, located in Greenwood, AR, is currently classified as a balanced market. The median sale price stands at $121,000, representing a +72.9% change year over year. Homes in this area spend an average of 147 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 72905 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

147

Average pace

Active listings

Sale-to-list

100.9%

Above asking

Market analysis for 72905

The 72905 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a balanced market, homes are selling at approximately 100.9% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 72905 have increased +72.9% compared to last year, suggesting continued demand and potential for further appreciation. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

0

Median age

-666666666 years

Living in 72905

With a median age of -666666666 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings.

These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 72905.

Frequently asked questions about 72905

What is the median home price in 72905?

The current median sale price in 72905 is $121,000, based on recent Redfin transaction data. Prices have changed +72.9% compared to last year. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 72905 a buyer's or seller's market?

The 72905 zip code is currently classified as a balanced market. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

0
How do I research neighborhoods in 72905?

Properties Incorporated provides comprehensive data for 72905 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 72905 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

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