$10,000 Closing Credit*
$1,600,000
3,046 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: Chuck Fawcett Realty - Fayetteville Branch
Is Bentonville, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Bentonville has remained a Seller's Market.
Key Takeaway
Bentonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bentonville, AR
How much do homes in Bentonville, AR cost?
Median Sold Price
$490,069
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$51,889(+11.8%)
Key Takeaway
Homes in Bentonville have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in Bentonville was $490,069 in October 2024, up 11.8% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $377.5K | $460.2K | +21.9% |
| 2 Bedrooms | $425K | $562.5K | +32.4% |
| 3 Bedrooms | $347.9K | $365.8K | +5.1% |
| 4 Bedrooms | $484.7K | $530.7K | +9.5% |
| 5+ Bedrooms | $710K | $794.9K | +12.0% |
Summary: Bentonville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.9%, 2 bedroom homes increased by 32.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 12%.
Median Sold Price Compared To Nearby Cities
| Centerton | $344.2K | $402.7K | +17.0% |
| Bentonville | $438.1K | $490K | +11.8% |
| Rogers | $380K | $415K | +9.2% |
| Cave Springs | $539.6K | $553.2K | +2.5% |
Housing Supply in Bentonville, AR
How many homes are available in Bentonville, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 405 | 402 | -0.7% |
Summary: The Bentonville real estate market had 402 homes for sale in October 2024, a 0.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 11 | +83.3% |
| 2 Bedrooms | 34 | 37 | +8.8% |
| 3 Bedrooms | 141 | 142 | +0.7% |
| 4 Bedrooms | 171 | 156 | -8.8% |
| 5+ Bedrooms | 53 | 56 | +5.7% |
Summary: The Bentonville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 83.3%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 5.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 92 | 102 | +10.9% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bentonville, you may be able to get a good deal. 43.1% of homes here sold below asking price last month.
Summary: A total of 102 homes were sold or pending in Bentonville in October 2024, up by 10.9% month-over-month. Of the 102 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.
Days on Market for Bentonville, AR
How long does it take to sell a home in Bentonville, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 96 Days | +36.0% |
Summary: Homes in Bentonville had an average of 96 days on market in Oct 2024, up by 36% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
57 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bentonville has remained consistent over time.
Summary: During October 2024, 102 homes were sold in Bentonville; 9% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.