Is Oden, AR 71961 a buyer’s or seller’s market?
Oden 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.
The Oden housing market right now
In the three months ending August 31, 2026, 0% of homes in Oden, AR 71961 sold above their list price, the typical home went under contract in 335 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 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (164 days then) and the median sale price rose 430% to $529,771. Overall, Oden is less competitive than a year ago, which gives buyers more room.
Within Montgomery County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Run the numbers for 71961
Nearby markets
Caddo Gap 71935Buyer’s market $164 /sq ftMount Ida 71957Balanced $229 /sq ftNorman 71960Buyer’s market $319 /sq ftPencil Bluff 71965Seller’s market $116 /sq ft Browse all markets →Towns like Oden nearby
Find towns like Oden in other states →Where Oden is
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Questions about Oden real estate
Is Oden a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Oden, AR 71961 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 Oden?
The typical home went under contract in 335 days in the latest three months.
Do homes in Oden sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.7% of the list price.
What are property taxes in Oden?
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 Oden?
The median sale price was $529,771 in the three months ending August 31, 2026, about $253 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