Is London, AR 72847 a buyer’s or seller’s market?
London 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 London housing market right now
In the three months ending August 31, 2026, 0% of homes in London, AR 72847 sold above their list price, the typical home went under contract in 14 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 3 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 (38 days then) and the median sale price rose 46% to $349,849. Overall, London is more competitive than a year ago, so tougher for buyers.
Within Pope County, homes here sell faster than in 83% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Hector 72843 (25% sold over asking) and Russellville 72801 (15% sold over asking) are even more competitive.
Run the numbers for 72847
Nearby markets
Atkins 72823Buyer’s market $121 /sq ftDover 72837Seller’s market $138 /sq ftHector 72843Seller’s market $148 /sq ftPottsville 72858Seller’s market $151 /sq ft Browse all markets →Towns like London nearby
Find towns like London in other states →Where London is
Loading map…
Questions about London real estate
Is London a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in London, AR 72847 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 London?
The typical home went under contract in 14 days in the latest three months.
Do homes in London sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in London?
About 0.56% of a home’s value a year in Pope County, or roughly $2,240 on a $400,000 home.
What is the median home price in London?
The median sale price was $349,849 in the three months ending August 31, 2026, about $170 per square foot.
Local agents
See all agents in 72847 →No sponsored agents in 72847 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 72847
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology