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Is Leola, AR 72084 a buyer’s or seller’s market?

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

Leola 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-list85.8%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$101▲ +57.5% vs. last year

The Leola housing market right now

In the three months ending August 31, 2026, 0% of homes in Leola, AR 72084 sold above their list price, the typical home went under contract in 45 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.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (41 days then) and the median sale price rose 76% to $102,955. Overall, Leola is about as competitive as it was a year ago.

Run the numbers for 72084

Prefilled for 72084Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72084Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carthage 71725 — /sq ftFordyce 71742Balanced $67 /sq ftSparkman 71763 $55 /sq ft Browse all markets →

Towns like Leola nearby

Find towns like Leola in other states →
Sparkman, AR71763 · 24 miles away75% similarlarger · older residents Donaldson, AR71941 · 18 miles away74% similarpricier homes ($66K more) · larger Rison, AR71665 · 32 miles away71% similarpricier homes ($55K more) · larger Prattsville, AR72129 · 10 miles away70% similaryounger residents · more homeowners

Where Leola is

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Questions about Leola real estate

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

A seller’s market: there were 3.2 months of supply in Leola, AR 72084 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 Leola?

The typical home went under contract in 45 days in the latest three months.

Do homes in Leola sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 85.8% of the list price.

What are property taxes in Leola?

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

What is the median home price in Leola?

The median sale price was $102,955 in the three months ending August 31, 2026, about $101 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