$5,878 Closing Credit*
$495,000
2,120 SqFt
3 Beds
•2 Full Baths
Listing Office: NWA Realty Group, LLC
Is Rogers, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Rogers has remained a Seller's Market.
Key Takeaway
Rogers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rogers, AR
How much do homes in Rogers, AR cost?
Median Sold Price
$420,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,597(+10.7%)
Key Takeaway
Homes in Rogers have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Rogers was $420,000 in November 2024, up 10.7% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $189.7K | $430K | +126.6% |
| 2 Bedrooms | $260K | $293.2K | +12.8% |
| 3 Bedrooms | $312.1K | $329.9K | +5.7% |
| 4 Bedrooms | $537.4K | $590K | +9.8% |
| 5+ Bedrooms | $857.4K | $785K | -8.5% |
Summary: Rogers housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.6%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 8.5%.
Median Sold Price Compared To Nearby Cities
| Rogers | $379.4K | $420K | +10.7% |
| Bentonville | $445.5K | $480.1K | +7.8% |
| Lowell | $336.5K | $351.5K | +4.5% |
| Cave Springs | $544K | $563.6K | +3.6% |
Housing Supply in Rogers, AR
How many homes are available in Rogers, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 390 | 372 | -4.6% |
Summary: The Rogers real estate market had 372 homes for sale in November 2024, a 4.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 37 | 37 | 0.0% |
| 3 Bedrooms | 162 | 166 | +2.5% |
| 4 Bedrooms | 141 | 123 | -12.8% |
| 5+ Bedrooms | 45 | 39 | -13.3% |
Summary: The Rogers housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 13.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 78 | -6.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rogers, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.
Summary: A total of 78 homes were sold or pending in Rogers in November 2024, down by 6.0% month-over-month. Of the 78 sold homes, 46% were sold under asking, 32% were sold at asking, and 22% were sold over asking.
Days on Market for Rogers, AR
How long does it take to sell a home in Rogers, AR?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 71 Days | 88 Days | +24.2% |
Summary: Homes in Rogers had an average of 88 days on market in Nov 2024, up by 24.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rogers has remained consistent over time.
Summary: During November 2024, 78 homes were sold in Rogers; 13% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 33% 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.