Is Rogers, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rogers is a 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

# BEDSNov 2023Nov 2024CHANGE
1 $189.7K$430K
+126.6%
2 $260K$293.2K
+12.8%
3 $312.1K$329.9K
+5.7%
4 $537.4K$590K
+9.8%
5+ $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
+10.7%
Bentonville
+7.8%
Lowell
+4.5%
Cave Springs
+3.6%

Housing Supply in Rogers, AR

How many homes are available in Rogers, AR?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
390372-4.6%

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

# BEDSOct 2024Nov 2024CHANGE
1 57
+40.0%
2 3737
0.0%
3 162166
+2.5%
4 141123
-12.8%
5+ 4539
-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 2024Nov 2024CHANGE
8378-6.0%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 2023Nov 2024CHANGE
71 Days88 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

Newest Listings in Rogers, AR

Nearby Markets to Rogers, AR

What housing markets are near Rogers, AR?