$4,750 Closing Credit*
$400,000
2,066 SqFt
3 Beds
•2 Full Baths
Listing Office: Real Broker NWA
Is Centerton, 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, Centerton has remained a Seller's Market.
Key Takeaway
Centerton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Centerton, AR
How much do homes in Centerton, AR cost?
Median Sold Price
$402,713
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$58,444(+17.0%)
Key Takeaway
Homes in Centerton have sold for 17% more than they did a year ago.
Summary: The median home sold price in Centerton was $402,713 in October 2024, up 17% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.4K | $234.9K | +30.9% |
| 3 Bedrooms | $305.6K | $319.9K | +4.7% |
| 4 Bedrooms | $398.8K | $479.5K | +20.2% |
| 5+ Bedrooms | $542.5K | $652.4K | +20.3% |
Summary: Centerton housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.9%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
| Centerton | $344.2K | $402.7K | +17.0% |
| Bentonville | $438.1K | $490K | +11.8% |
Housing Supply in Centerton, AR
How many homes are available in Centerton, AR?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 138 | 114 | -17.4% |
Summary: The Centerton real estate market had 114 homes for sale in October 2024, a 17.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 55 | 45 | -18.2% |
| 4 Bedrooms | 69 | 55 | -20.3% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Centerton 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 increased by 33.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 40 | 35 | -12.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centerton, expect to pay close to the asking price. 48.6% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in Centerton in October 2024, down by 12.5% month-over-month. Of the 35 sold homes, 37% were sold under asking, 49% were sold at asking, and 14% were sold over asking.
Days on Market for Centerton, AR
How long does it take to sell a home in Centerton, AR?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 121 Days | +65.2% |
Summary: Homes in Centerton had an average of 121 days on market in Oct 2024, up by 65.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Centerton are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 35 homes were sold in Centerton; 11% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 46% 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.