Is Quitman, AR 72131 a buyer’s or seller’s market?
Quitman is a buyer’s market. With about 7.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Quitman housing market right now
In the three months ending August 31, 2026, 0% of homes in Quitman, AR 72131 sold above their list price, the typical home went under contract in 190 days and there were 7.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (107 days then) and the median sale price held steady to $232,899. Overall, Quitman is less competitive than a year ago, which gives buyers more room.
Within Cleburne County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Wilburn 72179 (100% sold over asking) and Edgemont 72044 (20% sold over asking) are even more competitive.
Run the numbers for 72131
Nearby markets
Concord 72523Buyer’s market $144 /sq ftDrasco 72530Buyer’s market $187 /sq ftEdgemont 72044Buyer’s market $200 /sq ftHeber Springs 72543Buyer’s market $153 /sq ft Browse all markets →Towns like Quitman nearby
Find towns like Quitman in other states →Where Quitman is
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Questions about Quitman real estate
Is Quitman a buyer’s or seller’s market?
A buyer’s market: there were 7.6 months of supply in Quitman, AR 72131 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 Quitman?
The typical home went under contract in 190 days in the latest three months.
Do homes in Quitman sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.2% of the list price.
What are property taxes in Quitman?
About 0.45% of a home’s value a year in Cleburne County, or roughly $1,800 on a $400,000 home.
What is the median home price in Quitman?
The median sale price was $232,899 in the three months ending August 31, 2026, about $152 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