Is Lepanto, AR 72354 a buyer’s or seller’s market?
Lepanto is a buyer’s market. With about 28.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lepanto housing market right now
In the three months ending August 31, 2026, 0% of homes in Lepanto, AR 72354 sold above their list price, the typical home went under contract in 199 days and there were 28.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 faster (227 days then) and the median sale price rose 8% to $209,909. Overall, Lepanto is more competitive than a year ago, so tougher for buyers.
Within Poinsett County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Weiner 72479 (100% sold over asking) and Tyronza 72386 (40% sold over asking) are even more competitive.
Run the numbers for 72354
Nearby markets
Fisher 72429 — /sq ftHarrisburg 72432Seller’s market $124 /sq ftMarked Tree 72365Balanced $74 /sq ftTrumann 72472Balanced $97 /sq ft Browse all markets →Towns like Lepanto nearby
Find towns like Lepanto in other states →Where Lepanto is
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Questions about Lepanto real estate
Is Lepanto a buyer’s or seller’s market?
A buyer’s market: there were 28.8 months of supply in Lepanto, AR 72354 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 Lepanto?
The typical home went under contract in 199 days in the latest three months.
Do homes in Lepanto sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.
What are property taxes in Lepanto?
About 0.53% of a home’s value a year in Poinsett County, or roughly $2,120 on a $400,000 home.
What is the median home price in Lepanto?
The median sale price was $209,909 in the three months ending August 31, 2026, about $79 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