Bentonville appreciation rates and housing market information

Bentonville housing market information

With 19,752 people, 7,948 houses or apartments, and a median cost of homes of $159,648, Bentonville real estate is some of the most expensive in Arkansas, although Bentonville home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Bentonville, accounting for 73.21% of the city's housing units. Other types of housing that are prevalent in Bentonville include duplexes, homes converted to apartments, or other small apartment buildings (13.90%), large apartment complexes or high rise apartments (9.36%), row houses and other attached homes (2.81%), and a few mobile homes or trailers (0.72%).

The most prevalent building size and type in Bentonville are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 59.12% owning, and 34.99% renting.

There is a lot of housing in Bentonville built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bentonville built from 1995 and later (33.52%). A lesser amount of the housing stock also hails from 1940-1969 (15.89%), and some were built from 1939 and earlier (15.89%).

Bentonville home appreciation rates

Appreciation rates for homes in Bentonville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 79.91%, which ranks in the top 40% nationwide. This equates to an annual average Bentonville house appreciation rate of 7.99%.

NeighborhoodScout's data show that during the latest twelve months, Bentonville home appreciation rates, at -0.25%, have been at or slightly above the national average. In the latest quarter, Bentonville's appreciation rate has been 0.45%, which annualizes to a rate of 1.80%.

Relative to Arkansas, our data show that Bentonville's latest annual appreciation rate is higher than 15% of the other cities and towns in Arkansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bentonville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bentonville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Bentonville real estate investment or home purchase decisions.