Is West Memphis, AR 72301 a buyer’s or seller’s market?
West Memphis is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 22% of U.S. ZIP codes, and #73 of 132 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The West Memphis housing market right now
In the three months ending August 31, 2026, 14% of homes in West Memphis, AR 72301 sold above their list price, the typical home went under contract in 42 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 51 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold more slowly (40 days then) and the median sale price rose 5% to $162,380. Overall, West Memphis is about as competitive as it was a year ago.
Within Crittenden County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, West Memphis ranks #73 of 132 AR ZIP codes with enough sales (score 27 out of 100).
Nearby, buyers who want less competition could look at Turrell 72384 (0% sold over asking) or Hughes 72348 (0% sold over asking), while Earle 72331 (100% sold over asking) and Proctor 72376 (50% sold over asking) are even more competitive.
Run the numbers for 72301
Nearby markets
Crawfordsville 72327 — /sq ftEarle 72331Buyer’s market $22 /sq ftGilmore 72339 — /sq ftHughes 72348Buyer’s market $182 /sq ft Browse all markets →Towns like West Memphis nearby
Find towns like West Memphis in other states →Where West Memphis is
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Questions about West Memphis real estate
Is West Memphis a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in West Memphis, AR 72301 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 West Memphis?
The typical home went under contract in 42 days in the latest three months.
Do homes in West Memphis sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in West Memphis?
About 0.62% of a home’s value a year in Crittenden County, or roughly $2,480 on a $400,000 home.
What is the median home price in West Memphis?
The median sale price was $162,380 in the three months ending August 31, 2026, about $115 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