Is Rogers, 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, Rogers has remained a Seller's Market.
Housing Prices in Rogers, AR
How much do homes in Rogers, AR cost?
Median Sold Price
$374,204
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rogers was $374,204 in April 2024, down 2.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | $210K | +33.8% |
2 Bedrooms | $242.5K | $275.5K | +13.6% |
3 Bedrooms | $285.3K | $313.7K | +10.0% |
4 Bedrooms | $526.2K | $552.4K | +5.0% |
5+ Bedrooms | $627.2K | $860K | +37.1% |
Summary: Rogers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Cities
Bentonville | $426.1K | $479.2K | +12.4% |
Lowell | $312.3K | $344K | +10.1% |
Cave Springs | $519.3K | $551.2K | +6.1% |
Rogers | $384.5K | $374.2K | -2.7% |
Housing Supply in Rogers, AR
How many homes are available in Rogers, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
362 | 377 | +4.1% |
Summary: The Rogers real estate market had 377 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 34 | 32 | -5.9% |
3 Bedrooms | 155 | 157 | +1.3% |
4 Bedrooms | 127 | 136 | +7.1% |
5+ Bedrooms | 43 | 49 | +14.0% |
Summary: The Rogers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 14%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 101 | +24.7% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Rogers in April 2024, up by 24.7% month-over-month. Of the 101 sold homes, 52% were sold under asking, 33% were sold at asking, and 15% were sold over asking.
Days on Market for Rogers, AR
How long does it take to sell a home in Rogers, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 75 Days | +12.1% |
Summary: Homes in Rogers had an average of 75 days on market in Apr 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
63 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During April 2024, 101 homes were sold in Rogers; 13% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.