Is Melbourne, AR 72556 a buyer’s or seller’s market?
Melbourne is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply5.6Under 4 months = seller’s market
Sold above original list17.6%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$127▼ −3.7% vs. last year
Run the numbers for 72556
Nearby markets
Brockwell 72517Seller’s market $108 /sq ftFranklin 72536Seller’s market $207 /sq ftGuion 72540 — /sq ftHorseshoe Bend 72512Balanced $97 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology