Is Bella Vista, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bella Vista is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bella Vista has remained a Seller's Market.

Key Takeaway

Bella Vista is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bella Vista, AR

How much do homes in Bella Vista, AR cost?

Median Sold Price

$344,965

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,090(+2.1%)

Key Takeaway

Homes in Bella Vista have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Bella Vista was $344,965 in October 2024, up 2.1% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $180K$267.4K
+48.6%
2 $260K$298.4K
+14.8%
3 $340.6K$349.9K
+2.7%
4 $447.9K$457.9K
+2.2%
5+ $487.4K$525K
+7.7%

Summary: Bella Vista housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.6%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Bentonville
+11.8%
Bella Vista
+2.1%
Pea Ridge
+0.7%

Housing Supply in Bella Vista, AR

How many homes are available in Bella Vista, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
419409-2.4%

Summary: The Bella Vista real estate market had 409 homes for sale in October 2024, a 2.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 10498
-5.8%
3 237240
+1.3%
4 7365
-11.0%
5+ 45
+25.0%

Summary: The Bella Vista housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116101-12.9%

Asking Price vs. Sold Price

41 Homes Were Sold
Under Asking

43 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bella Vista, expect to pay close to the asking price. 43% of homes here sold near the asking price last month.

Summary: A total of 101 homes were sold or pending in Bella Vista in October 2024, down by 12.9% month-over-month. Of the 100 sold homes, 41% were sold under asking, 43% were sold at asking, and 16% were sold over asking.

Days on Market for Bella Vista, AR

How long does it take to sell a home in Bella Vista, AR?

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days76 Days+6.5%

Summary: Homes in Bella Vista had an average of 76 days on market in Oct 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

60 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Bella Vista has remained consistent over time.

Summary: During October 2024, 101 homes were sold in Bella Vista; 12% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Bella Vista, AR

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What housing markets are near Bella Vista, AR?