Is Black Oak, AR 72414 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Black Oak 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 Black Oak housing market right now

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

About the area

Craighead County, AR

Population	227
Median income	$60,833
Average income	$96,832
Median home value	$92,500
Median rent	$850/month
Owner-occupied	91% of homes
Median year built	1976
Walkability	5.1 of 20 · least walkable

Natural hazard riskEarthquakes (very high), tornadoes (very 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 72414; 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 72414

Prefilled for 72414Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72414Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bay 72411Buyer’s market $134 /sq ft Bono 72416Seller’s market $162 /sq ft Brookland 72417Balanced $151 /sq ft Caraway 72419Seller’s market $95 /sq ft Browse all markets →

Where Black Oak is

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Questions about Black Oak real estate

What are property taxes in Black Oak?

About 0.53% of a home’s value a year in Craighead County, or roughly $2,120 on a $400,000 home.

Local agents

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More tools for 72414

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 Craighead County property taxes Craighead 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