Is Manila, AR 72442 a buyer’s or seller’s market?
Manila is a seller’s market. With about 1.9 months of supply and 8% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 26% of U.S. ZIP codes, and #64 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 Manila housing market right now
In the three months ending August 31, 2026, 8% of homes in Manila, AR 72442 sold above their list price, the typical home went under contract in 68 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 39 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold faster (79 days then) and the median sale price fell 8% to $262,386. Overall, Manila is about as competitive as it was a year ago.
Within Mississippi County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Manila ranks #64 of 132 AR ZIP codes with enough sales (score 30 out of 100).
Nearby, buyers who want less competition could look at Joiner 72350 (0% sold over asking), while Wilson 72395 (100% sold over asking) and Osceola 72370 (20% sold over asking) are even more competitive.
Run the numbers for 72442
Nearby markets
Blytheville 72315Balanced $89 /sq ftJoiner 72350Seller’s market $110 /sq ftKeiser 72351 — /sq ftLeachville 72438Seller’s market $108 /sq ft Browse all markets →Towns like Manila nearby
Find towns like Manila in other states →Where Manila is
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Questions about Manila real estate
Is Manila a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Manila, AR 72442 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 Manila?
The typical home went under contract in 68 days in the latest three months.
Do homes in Manila sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.
What are property taxes in Manila?
About 0.52% of a home’s value a year in Mississippi County, or roughly $2,080 on a $400,000 home.
What is the median home price in Manila?
The median sale price was $262,386 in the three months ending August 31, 2026, about $161 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