Executive Summary
Northwest Arkansas continues to be one of the strongest real estate markets in the country. Despite national headwinds, our region shows resilience due to population growth, corporate expansion, and quality of life advantages.
2024 Year in Review
- Median home price: $345,000 (up 4.2% YoY)
- Average days on market: 42 days
- Homes sold: 8,500+ in NWA
- Inventory: 2.3 months supply (still a seller's market)
City-by-City Analysis
Bentonville
Highest appreciation at 5.8%. Strong demand from corporate relocations. Limited inventory in premium locations.
Fayetteville
Steady growth at 3.9%. Strong rental market near university. New development in western corridors.
Rogers
Balanced market with 4.1% appreciation. Pinnacle Hills remains hot. Good value compared to Bentonville.
Springdale
Best value at 3.5% appreciation. Strong first-time buyer activity. Har-Ber area premium continues.
2025 Predictions
- Price growth: 3-5% anticipated
- Interest rates: Expected to stabilize around 6-6.5%
- Inventory: Gradual increase expected
- Hot areas: Bella Vista border, Centerton, Cave Springs
Investment Outlook
NWA remains attractive for investors due to:
- Population growth outpacing housing supply
- Strong rental demand from corporate workers
- Relatively affordable entry points
- Diversifying economy beyond retail
Recommendations
For Buyers
Act decisively when you find the right home. Rates are unlikely to drop significantly. Consider emerging areas for better value.
For Sellers
Price correctly from the start. Staged homes continue to outperform. Spring remains the optimal listing season.
