Bentonville Housing Market Report December 2024•Benton County, Arkansas

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Housing Prices in Bentonville, AR

How much do homes in Bentonville, AR cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Bentonville is a Seller's Market

Difference Since December 2023

Since last year, Bentonville has remained a Seller's Market.

Insight

Bentonville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$483,750$215/SqFt
+$38,120
+8.6%

Based on all homes sold in the last 12 months

Insight

Homes in Bentonville have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Bentonville was $483,750 in December 2024, up 8.6% from last year, and the median price per square foot was $215.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Centerton
+14.1%
Rogers
+12.8%
Bentonville
+8.6%
Cave Springs
+3.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$325K$460.2K
+41.6%
2$425K$562.5K
+32.4%
3$349.3K$369.9K
+5.9%
4$494.1K$524.5K
+6.2%
5$703.9K$812K
+15.4%

Summary: Bentonville housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +41.6%. The home price for 2 bedroom homes increased by +32.4%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +6.2%. The home price for 5 bedroom homes increased by +15.4%.

Housing supply in Bentonville, AR

How many homes are available in Bentonville, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
338Last MonthDec 2024
3712 months agoNov 2024
-8.9 %
Change MoMNov – Dec

Summary: The Bentonville real estate market had 338 homes for sale in Dec 2024, a 8.9 % decrease compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
77Last MonthDec 2024
872 months agoNov 2024
-11.5 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
169
+50.0%
22930
+3.4%
3135130
-3.7%
4151123
-18.5%
55046
-8.0%

Summary: Bentonville housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +3.4%. The inventory for 3 bedroom homes decreased by -3.7%. The inventory for 4 bedroom homes decreased by -18.5%. The inventory for 5 bedroom homes decreased by -8.0%.

Asking Price vs. Sold Price

How much do homes in Bentonville, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price15 Homes

At Asking Price29 Homes

Under Asking Price33 Homes

Insight

If you're buying a home in Bentonville, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 77 homes were sold or pending in Bentonville in December 2024, down by 11.5% month-over-month. Of the 77 sold homes, 43% were sold under asking, 38% were sold at asking, and and 19% were sold over asking.

Days on Market for Bentonville, AR

How long does it take to sell a home in Bentonville, AR?

Breakdown of Home Sale Times

Under 30 Days9 Homes

30 – 90 Days43 Homes

Over 90 Days25 Homes

Insight

Avg time on Rocket Homes in Bentonville has remained consistent over time.

Summary: During December 2024, 77 homes were sold in Bentonville; 12% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
93 DaysThis YearDec 2024
78 Days1 year agoDec 2023
+17.8 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Bentonville had an average listing age of 93 days in Dec 2024, up by 17.8% compared to the previous year.

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Newest Listings in Bentonville, AR

What homes are available in Bentonville, AR?

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Nearby markets

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MLS Disclaimers and Copyright

Based on information from Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, and Cooperative Arkansas REALTORS® MLS for the period 01/01/2023 - 01/01/2025

Broker Reciprocity 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 © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe 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© 2025 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.