Is Oakland, AR 72661 a buyer’s or seller’s market?
Oakland is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Oakland housing market right now
In the three months ending August 31, 2026, 0% of homes in Oakland, AR 72661 sold above their list price, the typical home went under contract in 200 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 100%, homes sold more slowly (25 days then) and the median sale price fell 19% to $312,365. Overall, Oakland is less competitive than a year ago, which gives buyers more room.
Within Marion County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Yellville 72687 (18% sold over asking) and Bull Shoals 72619 (15% sold over asking) are even more competitive.
Run the numbers for 72661
Nearby markets
Bull Shoals 72619Balanced $134 /sq ftEverton 72633Buyer’s market $138 /sq ftFlippin 72634Balanced $138 /sq ftPeel 72668Buyer’s market $175 /sq ft Browse all markets →Where Oakland is
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Questions about Oakland real estate
Is Oakland a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Oakland, AR 72661 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 Oakland?
The typical home went under contract in 200 days in the latest three months.
Do homes in Oakland sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.7% of the list price.
What are property taxes in Oakland?
About 0.47% of a home’s value a year in Marion County, or roughly $1,880 on a $400,000 home.
What is the median home price in Oakland?
The median sale price was $312,365 in the three months ending August 31, 2026, about $153 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