Is Rogers, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$375,222
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Rogers was $375,222 in February 2024, down 1.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169K | $199.9K | +18.3% |
2 Bedrooms | $229.5K | $265K | +15.5% |
3 Bedrooms | $285K | $314.8K | +10.5% |
4 Bedrooms | $525.2K | $545K | +3.8% |
5+ Bedrooms | $625K | $860K | +37.6% |
Summary: Rogers housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.3%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 37.6%.
Median Sold Price Compared To Nearby Cities
Lowell | $300.6K | $343.5K | +14.3% |
Cave Springs | $515K | $550K | +6.8% |
Bentonville | $433.4K | $462.7K | +6.8% |
Rogers | $382.6K | $375.2K | -1.9% |
Little Flock | $490K | $393.9K | -19.6% |
Housing Supply in Rogers, AR
How many homes are available in Rogers, AR?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
301 | 324 | +7.6% |
Summary: The Rogers real estate market had 324 homes for sale in February 2024, a 7.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 28 | 30 | +7.1% |
3 Bedrooms | 137 | 140 | +2.2% |
4 Bedrooms | 86 | 102 | +18.6% |
5+ Bedrooms | 47 | 49 | +4.3% |
Summary: The Rogers housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
57 | 65 | +14.0% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 65 homes were sold or pending in Rogers in February 2024, up by 14.0% month-over-month. Of the 65 sold homes, 51% were sold under asking, 34% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
77 Days | 97 Days | +26.0% |
Summary: Homes in Rogers had an average of 97 days on market in Feb 2024, up by 26% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Summary: During February 2024, 65 homes were sold in Rogers; 9% of homes were sold within 30 days, 54% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.