Is Bono, AR 72416 a buyer’s or seller’s market?

The Bono housing market right now

In the three months ending August 31, 2026, 24% of homes in Bono, AR 72416 sold above their list price, the typical home went under contract in 144 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (39 days then) and the median sale price rose 23% to $252,391. Overall, Bono is less competitive than a year ago, which gives buyers more room.

Within Craighead County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Bono ranks #26 of 132 AR ZIP codes with enough sales (score 38 out of 100).

Nearby, buyers who want less competition could look at Monette 72447 (0% sold over asking) or Cash 72421 (0% sold over asking), while Bay 72411 (67% sold over asking) and Lake City 72437 (44% sold over asking) are even more competitive.