Is Elizabeth, AR 72531 a buyer’s or seller’s market?
Elizabeth is a buyer’s market. With about 22.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Elizabeth housing market right now
In the three months ending August 31, 2026, 0% of homes in Elizabeth, AR 72531 sold above their list price, the typical home went under contract in 63 days and there were 22.4 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 (102 days then) and the median sale price rose 14% to $319,862. Overall, Elizabeth is more competitive than a year ago, so tougher for buyers.
Within Fulton County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Viola 72583 (33% sold over asking) and Mammoth Spring 72554 (15% sold over asking) are even more competitive.
Run the numbers for 72531
Nearby markets
Camp 72520Seller’s market $269 /sq ftGepp 72538 — /sq ftGlencoe 72539 — /sq ftMammoth Spring 72554Balanced $126 /sq ft Browse all markets →Where Elizabeth is
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Questions about Elizabeth real estate
Is Elizabeth a buyer’s or seller’s market?
A buyer’s market: there were 22.4 months of supply in Elizabeth, AR 72531 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 Elizabeth?
The typical home went under contract in 63 days in the latest three months.
Do homes in Elizabeth sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Elizabeth?
About 0.47% of a home’s value a year in Fulton County, or roughly $1,880 on a $400,000 home.
What is the median home price in Elizabeth?
The median sale price was $319,862 in the three months ending August 31, 2026, about $205 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