Is Texarkana, AR 71854 a buyer’s or seller’s market?
Texarkana is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 26% of U.S. ZIP codes, and #63 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 Texarkana housing market right now
In the three months ending August 31, 2026, 11% of homes in Texarkana, AR 71854 sold above their list price, the typical home went under contract in 37 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 82 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold faster (48 days then) and the median sale price rose 24% to $232,399. Overall, Texarkana is more competitive than a year ago, so tougher for buyers.
On our competition score, Texarkana ranks #63 of 132 AR ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Garland City 71839 (0% sold over asking) or Fouke 71837 (0% sold over asking).
Run the numbers for 71854
Nearby markets
Doddridge 71834 — /sq ftFouke 71837Seller’s market $171 /sq ftGarland City 71839 $108 /sq ft Browse all markets →Towns like Texarkana nearby
Find towns like Texarkana in other states →Where Texarkana is
Loading map…
Questions about Texarkana real estate
Is Texarkana a buyer’s or seller’s market?
A balanced market: there were 5 months of supply in Texarkana, AR 71854 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 Texarkana?
The typical home went under contract in 37 days in the latest three months.
Do homes in Texarkana sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.3% of the list price.
What are property taxes in Texarkana?
About 0.61% of a home’s value a year in Miller County, or roughly $2,440 on a $400,000 home.
What is the median home price in Texarkana?
The median sale price was $232,399 in the three months ending August 31, 2026, about $133 per square foot.
Local agents
See all agents in 71854 →No sponsored agents in 71854 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 71854
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology