Is Norfork, AR 72658 a buyer’s or seller’s market?

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

Norfork is a buyer’s market. With about 6.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list91.7%Sold price ÷ list price
Median days on market63Listing to accepted offer
Median price per sq ft$233▲ +16.6% vs. last year

The Norfork housing market right now

In the three months ending August 31, 2026, 0% of homes in Norfork, AR 72658 sold above their list price, the typical home went under contract in 63 days and there were 6.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 7 sales, 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 (67 days then) and the median sale price rose 53% to $452,304. Overall, Norfork is about as competitive as it was a year ago.

Within Baxter County, homes here sell faster than in 78% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Gassville 72635 (50% sold over asking) and Cotter 72626 (17% sold over asking) are even more competitive.

Nearby markets

Calico Rock 72519Balanced $100 /sq ftClarkridge 72623Seller’s market $176 /sq ftCotter 72626Buyer’s market $161 /sq ftGamaliel 72537Buyer’s market $231 /sq ft Browse all markets →

Where Norfork is

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Questions about Norfork real estate

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

A buyer’s market: there were 6.9 months of supply in Norfork, AR 72658 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 Norfork?

The typical home went under contract in 63 days in the latest three months.

Do homes in Norfork sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.

What are property taxes in Norfork?

About 0.46% of a home’s value a year in Baxter County, or roughly $1,840 on a $400,000 home.

What is the median home price in Norfork?

The median sale price was $452,304 in the three months ending August 31, 2026, about $233 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