Is Pencil Bluff, AR 71965 a buyer’s or seller’s market?
Pencil Bluff is a seller’s market. With about 1.6 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 Pencil Bluff housing market right now
In the three months ending August 31, 2026, 0% of homes in Pencil Bluff, AR 71965 sold above their list price, the typical home went under contract in 124 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Montgomery County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Run the numbers for 71965
Nearby markets
Caddo Gap 71935Buyer’s market $164 /sq ftMount Ida 71957Balanced $229 /sq ftNorman 71960Buyer’s market $319 /sq ftOden 71961Seller’s market $253 /sq ft Browse all markets →Where Pencil Bluff is
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Questions about Pencil Bluff real estate
Is Pencil Bluff a buyer’s or seller’s market?
A seller’s market: there were 1.6 months of supply in Pencil Bluff, AR 71965 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 Pencil Bluff?
The typical home went under contract in 124 days in the latest three months.
Do homes in Pencil Bluff sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Pencil Bluff?
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 Pencil Bluff?
The median sale price was $579,749 in the three months ending August 31, 2026, about $116 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