Is Newhope, AR 71959 a buyer’s or seller’s market?
Newhope is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list105%Sold price ÷ list price
Median days on market116Listing to accepted offer
Median price per sq ft$101
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Nearby markets
Delight 71940Buyer’s market $64 /sq ftGlenwood 71943Buyer’s market $164 /sq ftKirby 71950Buyer’s market $817 /sq ftMurfreesboro 71958Buyer’s market $104 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology