Is Hughes, AR 72348 a buyer’s or seller’s market?
Hughes is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Hughes housing market right now
In the three months ending August 31, 2026, 0% of homes in Hughes, AR 72348 sold above their list price, the typical home went under contract in 97 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, 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 (27 days then) and the median sale price rose 16% to $389,831. Overall, Hughes is less competitive than a year ago, which gives buyers more room.
Within Crittenden County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Earle 72331 (100% sold over asking) and Proctor 72376 (50% sold over asking) are even more competitive.
Run the numbers for 72348
Nearby markets
Crawfordsville 72327 — /sq ftEarle 72331Buyer’s market $22 /sq ftGilmore 72339 — /sq ftMarion 72364Seller’s market $145 /sq ft Browse all markets →Towns like Hughes nearby
Find towns like Hughes in other states →Where Hughes is
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Questions about Hughes real estate
Is Hughes a buyer’s or seller’s market?
A buyer’s market: there were 11.7 months of supply in Hughes, AR 72348 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 Hughes?
The typical home went under contract in 97 days in the latest three months.
Do homes in Hughes sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 85.5% of the list price.
What are property taxes in Hughes?
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 Hughes?
The median sale price was $389,831 in the three months ending August 31, 2026, about $182 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