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Is Grannis, AR 71944 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Grannis is a seller’s market. With about 3.2 months of supply and 0% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.7%Sold price ÷ list price
Median days on market234Listing to accepted offer
Median price per sq ft$200

The Grannis housing market right now

In the three months ending August 31, 2026, 0% of homes in Grannis, AR 71944 sold above their list price, the typical home went under contract in 234 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 1 sale, these figures can swing a lot from month to month.

Within Polk County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Mena 71953 (8% sold over asking) is even more competitive.

Run the numbers for 71944

Prefilled for 71944Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71944Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cove 71937Buyer’s market $83 /sq ftHatfield 71945Buyer’s market $92 /sq ftMena 71953Buyer’s market $127 /sq ftVandervoort 71972Seller’s market $176 /sq ft Browse all markets →

Towns like Grannis nearby

Find towns like Grannis in other states →
Lockesburg, AR71846 · 24 miles away76% similarpricier homes ($40K more) · larger Wright City, OK74766 · 40 miles away68% similarlower income ($27K less) · older residents Cove, AR71937 · 13 miles away59% similarlarger · older residents Mineral Springs, AR71851 · 35 miles away57% similarpricier homes ($31K more) · larger

Where Grannis is

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Questions about Grannis real estate

Is Grannis a buyer’s or seller’s market?

A seller’s market: there were 3.2 months of supply in Grannis, AR 71944 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 Grannis?

The typical home went under contract in 234 days in the latest three months.

Do homes in Grannis sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.

What are property taxes in Grannis?

About 0.41% of a home’s value a year in Polk County, or roughly $1,640 on a $400,000 home.

What is the median home price in Grannis?

The median sale price was $319,862 in the three months ending August 31, 2026, about $200 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