Downtown Bentonville 2020–2025:
Downtown Bentonville has evolved into one of Northwest Arkansas’s most dynamic urban districts, a mix of historic charm and modern vibrancy. Anchored by the Bentonville Square, the area is now home to high-profile dining destinations like the Conifer, and the ever-popular Preacher’s Son. The Ledger building is a six-story, bikeable office and event hub that has become a symbol of the city’s blend of innovation and community spirit. Alongside these headline attractions, boutique shops, art galleries, and year-round events keep foot traffic flowing, driving both residential demand and commercial vitality within the one-mile downtown core. Let’s take a NWALook at how this has affected the surrounding residential real estate from 2020 to now.
Price Performance – Five Years of Appreciation
In 2020, the average home sold for $276 per square foot, with a median sale price of $403,995. By 2025, those numbers have surged to $514 per square foot and $947,000, respectively, representing an 86% gain in value per square foot and a 134% increase in median sale price.
The steepest jump came between 2021 and 2022, when the price per square foot jumped 34.8%, from $345 to $465. After peaking in 2022, the market flattened in 2023 (+0.4%) and dipped slightly in 2024 (–1.5%), before rebounding with an 11.7% gain in 2025.
Market Pace – From Rapid to Measured
The median days to sell dropped from 80 in 2020 to 44 in 2022, reflecting peak buyer urgency during the pandemic-era boom. But starting in 2023, the pace slowed sharply, with homes taking an average of 85 days to close.
By 2025, the median time on market remains higher than the boom years at 70 days, suggesting that buyers are more deliberate, even as they’re willing to pay record prices.
Sales Volume
Sales counts have fallen from 181 in 2020 to 102 in 2024, a 44% drop over five years. In 2025, there have been 94 closed sales year-to-date, and with 4.5 months remaining, we expect a year-over-year increase compared to 2024. The broader trend since 2021 still reflects constrained inventory and reduced transaction activity at higher price points.
Downtown Bentonville is one of the most exclusive residential areas in Northwest Arkansas. Although affordability concerns are across the country, we expect appreciation to continue in downtown Bentonville, but at a steadier pace. This is one of the most sought-after areas; with the limited supply, prices will likely remain elevated.
By Desiree Stock , Executive Broker Collier & Associates
All residential data was collected from the Northwest Arkansas Board of Realtors MLS within a 1-mile radius of Downtown Bentonville.
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Luxury Sales of the Week
Benton & Washington County
Benton County
📍 232 SW D Street, Bentonville, AR 72712
🏡 Luxury Living Three Blocks from the Bentonville Square
💰 Sales price: $1,820,000
🤝 Represented by:
• Seller’s agent: J.R. Burckart, Burckart Real Estate
• Buyer’s agent: Lonnie Larson, Coldwell Banker Harris McHaney & Faucette–Rogers
Washington County
🏡 Custom Estate in Grand Valley Estates
📍 4465 Champagne Drive, Springdale, AR 72764
💰 Sales price: $1,400,000
🤝 Represented by:
• Seller’s agent: Jennifer McMahon, Bassett Mix and Associates, Inc.
• Buyer’s agent: Jennifer McMahon, Bassett Mix and Associates, Inc.
Desiree Stock
Leadership in Action
The next generation of leaders will never know a workplace without AI, and that’s not a threat; it’s an opportunity.
Instead of resisting the shift, teach your team (and yourself) how to leverage AI as a collaborator, not a replacement. Use it to:
- Streamline processes – Automate repetitive tasks so your people can focus on high-value work.
- Enhance decision-making – Analyze market data faster and identify opportunities before the competition.
- Expand creativity – Use AI to brainstorm, outline, and refine ideas that humans can then perfect.
- Upskill continuously – Encourage ongoing learning so your team stays ahead of the curve.
The leaders who thrive tomorrow are the ones who combine human judgment, emotional intelligence, and strategic thinking with AI-driven efficiency today.
Lead by example, show the next generation that AI isn’t here to replace them, it’s here to amplify what they’re capable of.
New Business Rogers Modern Moon
Modern Moon, located inside the Henry Ellis boutique at Pinnacle Heights, combines boutique style with hands-on creativity. Known for its small-batch, handcrafted jewelry, the shop also offers interactive beading parties where guests design their own bracelets, anklets, or keychains. Popular for birthdays, bachelorette gatherings, and team events, the bead bar seats up to eight, and walk-ins are welcome, though reservations are encouraged for weekend celebrations. More than just shopping, Modern Moon delivers a fun, personalized experience that adds to the area’s growing mix of unique local businesses.
Book Now
Featured Listing
15684 Sims Road, Canehill, AR 72717
Listing Price: $786,000
🛏 4 Beds | 🛁 3.5 Baths | 📐 3,688 Sq Ft | 🏗️ Built 2022 | 20.03 Acres
Welcome to your stunning, recently finished out, new home on 20+ beautiful, flat acres with amazing views all around! Just 25 minutes from Fayetteville, you'll love all of the modernization in the Gourmet kitchen w/ Café® smart double oven (WiFi, air fry), commercial grade fridge, and huge butcher block island is a chef's dream! All new Luxury Vinyl and tile flooring! Featuring a whole home water filtration system, 4 spacious bedrooms, massive laundry area and primary closets, newly finished bathrooms and lots of storage space. Gorgeous wood burning fireplace! Wired for whole-home generator and for heated floors. Plenty of pasture for horses, livestock, mini-farm and a garden with wire fence surrounding the property that includes an older walk-thru horse barn w/round pen!! This is where modern luxury meets beautiful country living! A rare find with the best of both worlds!
Listed By:
Collier & Associates
Shawna Cavette
Direct:479-466-5421
Office:479-274-0662
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This newsletter is provided for informational purposes only and is not intended as professional advice. The information contained herein is based on sources and information deemed reliable but is not guaranteed to be accurate, complete, or applicable to every situation. NWALook and any associated parties assume no liability for any errors or omissions in the content of this newsletter or any actions taken based on the information provided. By reading this newsletter, you agree to hold NWALook and any affiliates harmless from any and all claims, liabilities, or damages arising from or related to your use of the information provided.
