$350,000
10.00 Acres
Land
Philip E Vaught, Listing Office: Keller Williams Realty/Lee Beaver & Assoc.
Is Bentonville, VA 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 Neutral Market.
Key Takeaway
Bentonville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Bentonville, VA
How much do homes in Bentonville, VA cost?
Median Sold Price
$374,950
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$47,550(-11.3%)
Key Takeaway
Homes in Bentonville have sold for 11.3% less than they did a year ago.
Summary: The median home sold price in Bentonville was $374,950 in October 2024, down 11.3% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $398K | - | N/A |
| 2 Bedrooms | - | $331.5K | N/A |
| 3 Bedrooms | $402.5K | $435K | +8.1% |
| 4 Bedrooms | $649.9K | $398K | -38.8% |
| 5+ Bedrooms | $435K | $620K | +42.5% |
Summary: Bentonville 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 did not change, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 38.8%, and 5+ bedroom homes increased by 42.5%.
Median Sold Price Compared To Nearby Cities
| Fork | $362.5K | $410K | +13.1% |
| South River | $345K | $362.5K | +5.1% |
| Rileyville | $375K | $337.5K | -10.0% |
| Bentonville | $422.5K | $374.9K | -11.3% |
Housing Supply in Bentonville, VA
How many homes are available in Bentonville, VA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 14 | +7.7% |
Summary: The Bentonville real estate market had 14 homes for sale in October 2024, a 7.7% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bentonville 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bentonville, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 2 homes were sold or pending in Bentonville in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bentonville, VA
How long does it take to sell a home in Bentonville, VA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 15 Days | +66.7% |
Summary: Homes in Bentonville had an average of 15 days on market in Oct 2024, up by 66.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bentonville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Bentonville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
