$5,290 Closing Credit*
$445,500
1,977 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Mathias Real Estate
Is Centerton, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Centerton was a Neutral 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
$401,791
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$56,803(+16.5%)
Key Takeaway
Homes in Centerton have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Centerton was $401,791 in November 2024, up 16.5% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.4K | $234.9K | +30.9% |
| 3 Bedrooms | $308.3K | $321.7K | +4.3% |
| 4 Bedrooms | $403.3K | $488.3K | +21.1% |
| 5+ Bedrooms | $535K | $679.9K | +27.1% |
Summary: Centerton housing prices by bedroom type for November 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 4.3%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 27.1%.
Median Sold Price Compared To Nearby Cities
| Centerton | $344.9K | $401.7K | +16.5% |
| Bentonville | $445.5K | $480.1K | +7.8% |
Housing Supply in Centerton, AR
How many homes are available in Centerton, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 124 | 111 | -10.5% |
Summary: The Centerton real estate market had 111 homes for sale in November 2024, a 10.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 47 | 41 | -12.8% |
| 4 Bedrooms | 64 | 59 | -7.8% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Centerton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 33 | -13.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centerton, expect to pay close to the asking price. 42.4% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in Centerton in November 2024, down by 13.2% month-over-month. Of the 33 sold homes, 39% were sold under asking, 42% were sold at asking, and 18% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 82 Days | 93 Days | +13.6% |
Summary: Homes in Centerton had an average of 93 days on market in Nov 2024, up by 13.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Centerton has remained consistent over time.
Summary: During November 2024, 33 homes were sold in Centerton; 15% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 24% 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.