Is Mount Ida, AR 71957 a buyer’s or seller’s market?
Mount Ida is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 1% of U.S. ZIP codes, and #129 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 Mount Ida housing market right now
In the three months ending August 31, 2026, 0% of homes in Mount Ida, AR 71957 sold above their list price, the typical home went under contract in 94 days and there were 5.2 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 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (58 days then) and the median sale price rose 52% to $339,853. Overall, Mount Ida is less competitive than a year ago, which gives buyers more room.
Within Montgomery County, homes here sell faster than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Mount Ida ranks #129 of 132 AR ZIP codes with enough sales (score 5 out of 100).
Run the numbers for 71957
Nearby markets
Caddo Gap 71935Buyer’s market $164 /sq ftNorman 71960Buyer’s market $319 /sq ftOden 71961Seller’s market $253 /sq ftPencil Bluff 71965Seller’s market $116 /sq ft Browse all markets →Towns like Mount Ida nearby
Find towns like Mount Ida in other states →Where Mount Ida is
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Questions about Mount Ida real estate
Is Mount Ida a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Mount Ida, AR 71957 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 Mount Ida?
The typical home went under contract in 94 days in the latest three months.
Do homes in Mount Ida sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.
What are property taxes in Mount Ida?
About 0.32% of a home’s value a year in Montgomery County, or roughly $1,280 on a $400,000 home.
What is the median home price in Mount Ida?
The median sale price was $339,853 in the three months ending August 31, 2026, about $229 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