Northwest Arkansas continues to be a hot spot for real estate, and two cities that consistently attract homebuyers are Bentonville and Centerton. While neighboring cities, their real estate markets show distinct differences in pricing, market trends, and home sales activity. Based on recent data, let’s take a NWALook at how these two markets compare.
Home Sales: How Active Is the Market?
The number of homes sold yearly is a key indicator of market conditions. More sales often signal strong demand and a growing community.
Bentonville:
- 2023: 753 sales
- 2024: 638 sales (↓15.3%)
Centerton:
- 2023: 1,409 sales
- 2024: 1,323 sales (↓6.1%)
Centerton has significantly more transactions than Bentonville, nearly double in both years. However, both cities experienced declining sales volume from 2023 to 2024.
Home Prices: How Do Bentonville and Centerton Compare?
Median home prices help buyers and sellers gauge affordability and appreciation trends.
Bentonville:
- 2023: $445,000
- 2024: $465,000 (↑4.5%)
- 2025: $489,875 (↑5.3%)
Centerton:
- 2023: $332,500
- 2024: $394,642 (↑18.7%)
- 2025: $405,993 (↑2.9%)
Bentonville continues to have higher pricing due to its proximity to Centerton. However, Centerton is experiencing significant appreciation, with prices jumping from $332,500 in 2023 to $405,993 in 2025. This shows growing demand and potential investment opportunities in Centerton.
Months of Inventory: Housing Supply
Months of inventory measure how long it would take to sell all available homes at the current sales pace. A lower number indicates a seller’s market, while a higher number suggests a buyer’s market.
Bentonville:
- 2023: Ranged from 3 to 9 months
- 2024: Ranged from 5 to 7 months (↓22.2% in January)
- 2025 (Limited data): 7 months in January (No change)
Centerton:
- 2023: Ranged from 3 to 8 months
- 2024: Ranged from 4 to 6 months (↓25% in January)
- 2025 (Limited data): 4 months in January (↓33.3% from 2024)
Bentonville consistently has lower inventory, making it a more competitive market, while Centerton shows slightly higher inventory levels, offering buyers more options.
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Days on the Maket (DOM): How Quickly Are Homes Selling?
Days on the market show how fast homes are selling and can indicate demand levels.
Bentonville:
- 2023: Peaked at 116 days (March), averaging around 93-102 days
- 2024: Improved significantly, dropping to 47-80 days (↓1.9% in January)
- 2025: 61 days in January (↑15.1% from 2024)
Centerton:
- 2023: Took longer, peaking at 130 days (March)
- 2024: Sales slowed further, with some months over 100 days (↑28.6% in January)
- 2025 (Limited data): 108 days in January (↑50% from 2024)
Bentonville homes sell faster than Centerton's. While both markets improved in 2024, Centerton still lags in 2025, indicating slower sales.
What Do These Trends Mean for Buyers and Sellers?
For Buyers: Bentonville remains a premium market with higher home values, but Centerton offers strong appreciation and more affordability. Buyers looking for cheaper options may find better opportunities in Centerton.
For Sellers: Bentonville homeowners can take advantage of rising property values, but lower sales volume may mean more competition. Centerton sellers benefit from higher demand but may see more homes on the market due to increased sales activity.
Bentonville and Centerton both offer great real estate opportunities, but market conditions differ. Bentonville remains a higher-end, slower-paced market, while Centerton is experiencing rapid growth and appreciation. Understanding these market trends can help you make informed decisions, whether buying or selling.
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- Desiree Stock, Executive Broker, Collier & Associates
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