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 August 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

$344,925

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$8,425(+2.5%)

Key Takeaway

Homes in Bella Vista have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Bella Vista was $344,925 in August 2024, up 2.5% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $180K$269.9K
+49.9%
2 $250.6K$295K
+17.7%
3 $340.1K$349.9K
+2.9%
4 $447.2K$449.9K
+0.6%
5+ $485K$650K
+34.0%

Summary: Bella Vista housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49.9%, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 34%.

Median Sold Price Compared To Nearby Cities

Bentonville
+10.7%
Bella Vista
+2.5%
Pea Ridge
+0.8%

Housing Supply in Bella Vista, AR

How many homes are available in Bella Vista, AR?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
507470-7.3%

Summary: The Bella Vista real estate market had 470 homes for sale in August 2024, a 7.3% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 54
-20.0%
2 125116
-7.2%
3 287260
-9.4%
4 8285
+3.7%
5+ 85
-37.5%

Summary: The Bella Vista housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
143131-8.4%

Asking Price vs. Sold Price

58 Homes Were Sold
Under Asking

54 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bella Vista, you may be able to get a good deal. 44.3% of homes here sold below asking price last month.

Summary: A total of 131 homes were sold or pending in Bella Vista in August 2024, down by 8.4% month-over-month. Of the 131 sold homes, 44% were sold under asking, 41% were sold at asking, and 15% 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

Aug 2023Aug 2024CHANGE
70 Days71 Days+1.1%

Summary: Homes in Bella Vista had an average of 71 days on market in Aug 2024, up by 1.1% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

83 Homes Were Sold
In 30 - 90 Days

30 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 August 2024, 131 homes were sold in Bella Vista; 14% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 23% 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 19 Days Ago

Newest Listings in Bella Vista, AR

Nearby Markets to Bella Vista, AR

What housing markets are near Bella Vista, AR?