ZIP 72427 housing market
Data through Jan 2026 · Balanced market · leverage 82
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Buyer Leverage Score
82
Oct 2024
Months of Supply
3.0 months
Feb 2024
Days on Market
115 days
Oct 2024
Price Cut %
0.0%
Oct 2024
Sale-to-List Ratio
85.7%
Feb 2024
Expected Disaster Loss
$190
Dec 2025
What this means
- Supply. There are 100% more homes for sale than the 2017-19 norm and falling (−100% vs. a year ago), so buyers have more to choose from than before the pandemic.
- Negotiating. Buyer leverage is high (82/100; U.S.: 54) (as of Oct 2024): homes sell for about 14.3% below their final list price (as of Feb 2024); 0% of listings had a price cut (U.S.: 26%) (as of Oct 2024).
- Disaster risk. FEMA expects about $190 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from flooding.
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Other ZIP codes in Craighead County, AR
| Area | Home value | 1-year change | Buyer leverage |
|---|---|---|---|
| Jonesboro, AR 72401 | $190.1K | +2.5% | 80 |
| Jonesboro, AR 72404 | $266.7K | +4.1% | 33 |
| Jonesboro, AR 72405 | – | – | 47 |
| Brookland, AR 72417 | $233.3K | +5.0% | 79 |
| Bono, AR 72416 | $208.7K | +5.2% | 72 |
| Lake City, AR 72437 | $168.4K | +5.7% | 61 |
| Bay, AR 72411 | $142K | +6.4% | 54 |
| Monette, AR 72447 | $164.2K | +8.8% | 82 |
| Caraway, AR 72419 | $122.9K | −1.7% | 66 |
| State University, AR 72467 | – | – | – |
| Cash, AR 72421 | – | – | 6 |
| Black Oak, AR 72414 | – | – | 76 |