Is Mount Pleasant, AR 72561 a buyer’s or seller’s market?
Mount Pleasant is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Mount Pleasant housing market right now
In the three months ending August 31, 2026, 0% of homes in Mount Pleasant, AR 72561 sold above their list price, the typical home went under contract in 123 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (214 days then) and the median sale price fell 47% to $203,412. Overall, Mount Pleasant is about as competitive as it was a year ago.
Within Izard County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Oxford 72565 (50% sold over asking) and Melbourne 72556 (18% sold over asking) are even more competitive.
Run the numbers for 72561
Nearby markets
Brockwell 72517Seller’s market $108 /sq ftFranklin 72536Seller’s market $207 /sq ftGuion 72540 — /sq ftHorseshoe Bend 72512Balanced $97 /sq ft Browse all markets →Where Mount Pleasant is
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Questions about Mount Pleasant real estate
Is Mount Pleasant a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Mount Pleasant, AR 72561 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 Mount Pleasant?
The typical home went under contract in 123 days in the latest three months.
Do homes in Mount Pleasant sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.1% of the list price.
What are property taxes in Mount Pleasant?
About 0.57% of a home’s value a year in Izard County, or roughly $2,280 on a $400,000 home.
What is the median home price in Mount Pleasant?
The median sale price was $203,412 in the three months ending August 31, 2026, about $145 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