Is Green Forest, AR 72638 a buyer’s or seller’s market?
Green Forest is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Green Forest housing market right now
In the three months ending August 31, 2026, 0% of homes in Green Forest, AR 72638 sold above their list price, the typical home went under contract in 60 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 9 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 11%, homes sold more slowly (56 days then) and the median sale price rose 56% to $312,865. Overall, Green Forest is less competitive than a year ago, which gives buyers more room.
Within Carroll County, homes here sell faster than in 50% of the county’s ZIP codes, and sell 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 72638
Nearby markets
Alpena 72611Buyer’s market $101 /sq ftBerryville 72616Balanced $143 /sq ftEureka Springs 72631Buyer’s market $169 /sq ftEureka Springs 72632Buyer’s market $223 /sq ft Browse all markets →Towns like Green Forest nearby
Find towns like Green Forest in other states →Where Green Forest is
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Questions about Green Forest real estate
Is Green Forest a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Green Forest, AR 72638 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 Green Forest?
The typical home went under contract in 60 days in the latest three months.
Do homes in Green Forest sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Green Forest?
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 Green Forest?
The median sale price was $312,865 in the three months ending August 31, 2026, about $172 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