Is Elkins, AR 72727 a buyer’s or seller’s market?
Elkins is a seller’s market. With about 3.5 months of supply and 16% 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 supply3.5Under 4 months = seller’s market
Sold above original list15.6%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market59Listing to accepted offer
Median price per sq ft$189▲ +3.3% vs. last year
Run the numbers for 72727
Nearby markets
Combs 72721 — /sq ftHindsville 72738Buyer’s market $211 /sq ftHuntsville 72740Buyer’s market $198 /sq ftKingston 72742Buyer’s market $415 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology