Is Centerton, 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, Centerton has remained a Seller's Market.
Housing Prices in Centerton, AR
How much do homes in Centerton, AR cost?
Median Sold Price
$360,000
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Centerton was $360,000 in April 2024, up 8.9% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $179.4K | $229.2K | +27.8% |
3 Bedrooms | $284.3K | $300.9K | +5.8% |
4 Bedrooms | $415K | $464.5K | +11.9% |
5+ Bedrooms | $590K | $663.7K | +12.5% |
Summary: Centerton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
Bentonville | $426.1K | $479.2K | +12.4% |
Centerton | $330.4K | $360K | +8.9% |
Housing Supply in Centerton, AR
How many homes are available in Centerton, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
123 | 125 | +1.6% |
Summary: The Centerton real estate market had 125 homes for sale in April 2024, a 1.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 35 | 38 | +8.6% |
4 Bedrooms | 71 | 68 | -4.2% |
5+ Bedrooms | 15 | 17 | +13.3% |
Summary: The Centerton 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 remained the same, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 13.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 32 | +10.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Centerton in April 2024, up by 10.3% month-over-month. Of the 32 sold homes, 38% were sold under asking, 56% were sold at asking, and 6% were sold over asking.
Days on Market for Centerton, AR
How long does it take to sell a home in Centerton, AR?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
92 Days | 93 Days | 0.5% |
Summary: Homes in Centerton had an average of 93 days on market in Apr 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Centerton; 3% of homes were sold within 30 days, 66% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.