Is Bella Vista, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bella Vista has remained a Seller's Market.
Housing Prices in Bella Vista, AR
How much do homes in Bella Vista, AR cost?
Median Sold Price
$339,405
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bella Vista was $339,405 in April 2024, up 2.7% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $180K | -10.0% |
2 Bedrooms | $245.5K | $281.5K | +14.6% |
3 Bedrooms | $334.8K | $343.1K | +2.5% |
4 Bedrooms | $435K | $446.4K | +2.6% |
5+ Bedrooms | $490K | $496.4K | +1.3% |
Summary: Bella Vista housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Cities
Bentonville | $426.1K | $479.2K | +12.4% |
Pea Ridge | $351K | $367.9K | +4.8% |
Bella Vista | $330.6K | $339.4K | +2.7% |
Housing Supply in Bella Vista, AR
How many homes are available in Bella Vista, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
505 | 502 | -0.6% |
Summary: The Bella Vista real estate market had 502 homes for sale in April 2024, a 0.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 115 | 117 | +1.7% |
3 Bedrooms | 303 | 298 | -1.7% |
4 Bedrooms | 79 | 79 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Bella Vista housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 1.7%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
115 | 130 | +13.0% |
Asking Price vs. Sold Price
61 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 130 homes were sold or pending in Bella Vista in April 2024, up by 13.0% month-over-month. Of the 130 sold homes, 47% were sold under asking, 33% were sold at asking, and 20% were sold over asking.
Days on Market for Bella Vista, AR
How long does it take to sell a home in Bella Vista, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 81 Days | +20.8% |
Summary: Homes in Bella Vista had an average of 81 days on market in Apr 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
74 Homes Were Sold
In 30 - 90 Days
38 Homes Were Sold
Over 90 Days
Summary: During April 2024, 130 homes were sold in Bella Vista; 13% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.