Is Smackover, AR 71762 a buyer’s or seller’s market?
Smackover is a seller’s market. With about 3.2 months of supply and 50% 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.
The Smackover housing market right now
In the three months ending August 31, 2026, 50% of homes in Smackover, AR 71762 sold above their list price, the typical home went under contract in 40 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (26 days then) and the median sale price fell 53% to $97,323. Overall, Smackover is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Strong 71765 (0% sold over asking) or Junction City 71749 (0% sold over asking).
Run the numbers for 71762
Nearby markets
El Dorado 71730Seller’s market $100 /sq ftHuttig 71747 — /sq ftJunction City 71749Buyer’s market $260 /sq ftMount Holly 71758 — /sq ft Browse all markets →Towns like Smackover nearby
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Questions about Smackover real estate
Is Smackover a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Smackover, AR 71762 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 Smackover?
The typical home went under contract in 40 days in the latest three months.
Do homes in Smackover sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 89.9% of the list price.
What are property taxes in Smackover?
About 0.57% of a home’s value a year in Union County, or roughly $2,280 on a $400,000 home.
What is the median home price in Smackover?
The median sale price was $97,323 in the three months ending August 31, 2026, about $67 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology