Is Patterson, AR 72123 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Patterson 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 Patterson housing market right now

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

About the area

Woodruff County, AR

Population	364
Median income	$42,250
Average income	$59,035
Median rent	$656/month
Owner-occupied	64% of homes
Median year built	1978
Walkability	4.9 of 20 · least walkable

Natural hazard riskTornadoes (very high), earthquakes (relatively high), extreme heat (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 72123; 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 72123

Prefilled for 72123Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72123Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Augusta 72006Seller’s market $102 /sq ft Mc Crory 72101Buyer’s market — /sq ft Browse all markets →

Where Patterson is

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Questions about Patterson real estate

What are property taxes in Patterson?

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

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More tools for 72123

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 Woodruff County property taxes Woodruff 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