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Is Alpena, AR 72611 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Alpena is a buyer’s market. With about 19.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply19.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list84.5%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$101▲ +52.5% vs. last year

The Alpena housing market right now

In the three months ending August 31, 2026, 0% of homes in Alpena, AR 72611 sold above their list price, the typical home went under contract in 9 days and there were 19.2 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 (34 days then) and the median sale price fell 11% to $146,936. Overall, Alpena is more competitive than a year ago, so tougher for buyers.

Within Carroll County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Eureka Springs 72631 (7% sold over asking) is even more competitive.

Run the numbers for 72611

Prefilled for 72611Can I win this house?Multiple-offer likelihood for a listing Prefilled for 72611Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Berryville 72616Balanced $143 /sq ftEureka Springs 72631Buyer’s market $169 /sq ftEureka Springs 72632Buyer’s market $223 /sq ftGreen Forest 72638Buyer’s market $172 /sq ft Browse all markets →

Towns like Alpena nearby

Find towns like Alpena in other states →
Bull Shoals, AR72619 · 38 miles away79% similarpricier homes ($68K more) Everton, AR72633 · 23 miles away77% similarpricier homes ($61K more) · more homeowners Flippin, AR72634 · 39 miles away70% similarpricier homes ($71K more) · larger Western Grove, AR72685 · 23 miles away65% similarpricier homes ($111K more) · younger residents

Where Alpena is

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Questions about Alpena real estate

Is Alpena a buyer’s or seller’s market?

A buyer’s market: there were 19.2 months of supply in Alpena, AR 72611 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 Alpena?

The typical home went under contract in 9 days in the latest three months.

Do homes in Alpena sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 84.5% of the list price.

What are property taxes in Alpena?

About 0.51% of a home’s value a year in Carroll County, or roughly $2,040 on a $400,000 home.

What is the median home price in Alpena?

The median sale price was $146,936 in the three months ending August 31, 2026, about $101 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