Is Forrest City, AR 72335 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Forrest City is a buyer’s market. With about 7.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply7.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88.3%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$69▼ −21.3% vs. last year

The Forrest City housing market right now

In the three months ending August 31, 2026, 0% of homes in Forrest City, AR 72335 sold above their list price, the typical home went under contract in 38 days and there were 7.7 months of supply. Six or more months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (36 days then) and the median sale price rose 16% to $145,387. Overall, Forrest City is less competitive than a year ago, which gives buyers more room.

Nearby markets

Colt 72326 — /sq ftHeth 72346 — /sq ftMadison 72359 — /sq ftPalestine 72372 — /sq ft Browse all markets →

Questions about Forrest City real estate

Is Forrest City a buyer’s or seller’s market?

A buyer’s market: there were 7.7 months of supply in Forrest City, AR 72335 in the three months ending August 31, 2026. Under three months usually favors sellers, and six or more favors buyers.

How fast do homes sell in Forrest City?

The typical home went under contract in 38 days in the latest three months.

Do homes in Forrest City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.3% of the list price.

What are property taxes in Forrest City?

About 0.47% of a home’s value a year in St. Francis County, or roughly $1,880 on a $400,000 home.

What is the median home price in Forrest City?

The median sale price was $145,387 in the three months ending August 31, 2026, about $69 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology