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OKOLONA, AR 71962

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OKOLONA, AR real estate market (71962) currently shows 2 active listings, with 1 pending sales. Homes are averaging 7 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 7 days on market compared to 176 days last year.

The median listing price has risen 24.4% year-over-year, from $205,000 to $255,000.

Whether you are buying or selling in OKOLONA, AR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 853  ·  Density: 2.0/mi²  ·  Median household income: $32,386

Typical home value: $110,027  ·  Homeownership: 98.5%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
1
50% pending ratio
Median Price
$255,000
⇧ 24.4% vs $205,000 last year
Average Price
$255,000
⇩ 26.4% vs $346,667 last year
Days on Market
7
⇩ 96% vs 176 days last year

Price Per Square Foot

Median $/sqft
$131
⇩ 9.7% vs $145/sqft last year
Median Home Size
1,942 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 7 now vs 176 last year

Median & Average Pricing

Year over Year
  • Median: $255,000 (+24.4% YoY)
  • Average: $255,000 (-26.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.2 miles — 681 listings ($300,626,565 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
71962Okolona, AR 719620.0 mi2$534,000$267,000$267,000
71921Amity, AR 7192115.5 mi9$3,145,698$334,899$349,522
71743Gurdon, AR 7174316.2 mi21$3,311,091$100,750$157,671
71825Blevins, AR 7182517.4 mi1$276,000$276,000$276,000
71958Murfreesboro, AR 7195819.2 mi20$10,500,320$300,000$525,016
71943Glenwood, AR 7194325.8 mi28$22,641,164$658,000$808,613
71941Donaldson, AR 7194126.1 mi6$1,230,000$199,000$205,000
71855Ozan, AR 7185526.4 mi2$185,000$92,500$92,500
71964Pearcy, AR 7196427.1 mi14$6,563,816$347,400$468,844
71913Hot Springs National Park, AR 7191331.2 mi528$244,644,576$346,750$463,342
71858Rosston, AR 7185831.5 mi3$393,000$131,000$131,000
71801Hope, AR 7180131.9 mi45$6,291,900$124,725$139,820
71935Caddo Gap, AR 7193534.2 mi2$910,000$455,000$455,000

Frequently Asked Questions

How many homes are for sale in OKOLONA, AR 71962?

As of March 2026, there are 2 active listings in OKOLONA, AR (zip code 71962), compared to 4 the prior year.

What is the median home price in OKOLONA, AR 71962?

The median listing price in OKOLONA, AR 71962 is $255,000 as of March 2026, a 24.4% increase from $205,000 the prior year.

How long do homes stay on the market in OKOLONA, AR?

Homes in OKOLONA, AR 71962 spend an average of 7 days on the market before going under contract, compared to 176 days the prior year.

Is it a seller's or buyer's market in OKOLONA, AR 71962?

Based on current inventory and days-on-market data as of March 2026, OKOLONA, AR 71962 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 7 days on market compared to 176 days last year.

How much can I save on real estate commission in OKOLONA, AR?

With SELL123.com's maximum 3% commission, sellers in OKOLONA, AR 71962 save an estimated $5,100 compared to a typical 5% commission on the median listing price of $255,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.