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🏠 How’s the Market in Benton County, Arkansas? | Q1 2025 Real Estate Update

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🏠 How’s the Market in Benton County, Arkansas? | Q1 2025 Real Estate Update

📍 About Me: Your Local Real Estate Resource

Hey! I’m Anthony Mosley, a full-time real estate broker based in Bentonville, AR. I help families, professionals, and investors navigate the local housing market here in Northwest Arkansas.

Whether you’re relocating or already live here, I provide data-driven insights so you can make informed decisions about your next move.


📊 Benton County Real Estate Market Snapshot (Q1 2025)

🏡 Total Homes Sold (Q1, Year-Over-Year)

Let’s take a look at how many single-family homes sold in Benton County over the past six years:

YearHomes Sold (Q1)
20201,468
20211,513
20221,643 (Peak)
2023~1,200
2024~1,200
20251,321

👉 Takeaway: After a dip in 2023 and 2024, home sales are starting to rebound in 2025.


🏗️ New Construction vs Existing Homes

While new construction has seen steady growth over the last several years, Q1 of 2025 showed a slight decline in the number of new homes sold—likely due to rising costs and tariffs impacting building materials.

📉 Construction Slowdown & Tariffs

With President Trump proposing new tariffs, the cost of materials like lumber, cement, drywall, and appliances is expected to rise—causing builders to:

  • Build fewer homes
  • Raise prices
  • Include escalation clauses in contracts

👉 According to Forbes, the average new home could cost $7,500–$10,000 more just due to lumber.


💸 Average Home Prices Are Still Rising

Let’s look at average sale prices in Q1 over the past 5 years:

YearAvg. Sale Price (Q1)
2020$263,712
2021$300K+
2022$350K+
2023$400K+
2025$465,217

Even with supply tightening, demand in Benton County remains high—especially in Bentonville and Rogers, where buyers continue to flock for work, lifestyle, and affordability.


📏 Price Per Square Foot: A Deceptive Metric?

The average price per square foot has increased significantly:

YearAvg. $/Sq Ft (Q1)
2020$121
2025$217

⚠️ BUT BE CAREFUL: That number can be very misleading depending on:

  • Acreage
  • Outbuildings
  • Pools or other amenities
  • Type of construction (new vs. existing)

A luxury home in Gravette, AR is listed at $3,864 per square foot—but it comes with 220 acres and a $15 million price tag.


🏘️ Current Inventory: What’s Available Right Now?

As of Q1 2025, Benton County has:

  • Total Active Listings: 1,180 homes
  • New Construction: 447 homes
    • Avg. Price: $518,000
  • Existing Homes:
    • Avg. Price: $699,454
    • Avg. Price/Sq Ft: $292

🔍 Note: The high average for existing homes is skewed by high-end properties with acreage or luxury features.


📉 What About Interest Rates?

Interest rate volatility remains a factor in 2025. With inflation and tariffs in the mix, the Federal Reserve is unlikely to cut rates anytime soon—and may even raise them.

This affects:

  • Monthly payments for buyers
  • Builder decisions
  • Investor strategies

So while interest rates remain in flux, working with a knowledgeable broker who tracks market shifts is more important than ever.


🔮 What’s Ahead for Benton County Real Estate?

Here’s what I anticipate for the remainder of 2025:

New construction prices will rise due to materials & tariffs
Existing homes will remain competitive due to limited supply
Interest rates will influence buyer behavior, but demand will stay strong
Builders may adjust strategies, with fewer starts or escalated pricing


👋 Final Thoughts: Work With a Local Expert

This is a complex market. It’s not just about numbers—it’s about context, experience, and understanding the moving pieces.

Whether you’re a first-time buyer, relocating from out of state, or looking for an investment property, working with a local real estate broker gives you a competitive edge.

I’d love to help you make sense of it all.


📞 Let’s Connect

Have questions or thinking about making a move to Bentonville or Northwest Arkansas?

Reach out anytime—or watch the full video for visuals and charts on my YouTube Channel.

— Anthony Mosley, Real Estate Broker, Bentonville, Arkansas