Is Okolona, AR 71962 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Okolona is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Okolona housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Clark County, AR

Population	744
Median income	$24,578
Average income	$46,279
Median home value	$100,200
Owner-occupied	98% of homes
Median year built	1984
Walkability	3.9 of 20 · least walkable

Natural hazard riskExtreme heat (relatively high), tornadoes (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 71962; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 71962

Prefilled for 71962Can I win this house?Multiple-offer likelihood for a listing Prefilled for 71962Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amity 71921Buyer’s market $132 /sq ft Arkadelphia 71923Buyer’s market $108 /sq ft Gurdon 71743Buyer’s market $151 /sq ft Browse all markets →

Where Okolona is

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Questions about Okolona real estate

What are property taxes in Okolona?

About 0.56% of a home’s value a year in Clark County, or roughly $2,240 on a $400,000 home.

Local agents

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More tools for 71962

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Clark County property taxes Clark County loan limits Closing costs in Arkansas Hottest ZIP codes in Arkansas

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology