Is Scranton, AR 72863 a buyer’s or seller’s market?
Scranton is a seller’s market. With about 2.1 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 Scranton housing market right now
In the three months ending August 31, 2026, 0% of homes in Scranton, AR 72863 sold above their list price, the typical home went under contract in 88 days and there were 2.1 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 was about the same (0% then), homes sold more slowly (23 days then) and the median sale price fell 31% to $134,942. Overall, Scranton is less competitive than a year ago, which gives buyers more room.
Within Logan County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Ratcliff 72951 (50% sold over asking) and Booneville 72927 (20% sold over asking) are even more competitive.
Run the numbers for 72863
Nearby markets
Booneville 72927Balanced $142 /sq ftDelaware 72835Buyer’s market $165 /sq ftMagazine 72943 — /sq ftNew Blaine 72851Seller’s market $141 /sq ft Browse all markets →Towns like Scranton nearby
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Questions about Scranton real estate
Is Scranton a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Scranton, AR 72863 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 Scranton?
The typical home went under contract in 88 days in the latest three months.
Do homes in Scranton sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 87.0% of the list price.
What are property taxes in Scranton?
About 0.51% of a home’s value a year in Logan County, or roughly $2,040 on a $400,000 home.
What is the median home price in Scranton?
The median sale price was $134,942 in the three months ending August 31, 2026, about $75 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