Is Monticello, AR 71655 a buyer’s or seller’s market?
Monticello is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 1% of U.S. ZIP codes, and #130 of 132 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Monticello housing market right now
In the three months ending August 31, 2026, 4% of homes in Monticello, AR 71655 sold above their list price, the typical home went under contract in 129 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (68 days then) and the median sale price fell 24% to $169,926. Overall, Monticello is less competitive than a year ago, which gives buyers more room.
On our competition score, Monticello ranks #130 of 132 AR ZIP codes with enough sales (score 4 out of 100).
Nearby, buyers who want less competition could look at Wilmar 71675 (0% sold over asking) or Dermott 71638 (0% sold over asking).
Run the numbers for 71655
Towns like Monticello nearby
Find towns like Monticello in other states →Where Monticello is
Loading map…
Questions about Monticello real estate
Is Monticello a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Monticello, AR 71655 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Monticello?
The typical home went under contract in 129 days in the latest three months.
Do homes in Monticello sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 90.8% of the list price.
What are property taxes in Monticello?
About 0.47% of a home’s value a year in Drew County, or roughly $1,880 on a $400,000 home.
What is the median home price in Monticello?
The median sale price was $169,926 in the three months ending August 31, 2026, about $97 per square foot.
Local agents
See all agents in 71655 →No sponsored agents in 71655 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 71655
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology