Centerton Real Estate Market Update: January 2025

Hey Centerton! It’s Allie Verdery, your Blue Haired Broker with Engel & Völkers Bentonville. If you know me, we've probably already met around Centerton, and you understand how passionate I am about this town. I’m all about keeping it real when it comes to our local real estate market. I’m at nearly every City Council and Planning Commission meeting, and I see firsthand how those decisions impact our community. So, let’s dive into how our market has shifted from January 2024 to January 2025 and what that means for you.

Average Sales Price

• Centerton: Dropped from $460,605 in January 2024 to $425,096 in January 2025 – a slight dip that creates new opportunities for buyers.

• Bentonville: Increased from $495,923 to $584,315, leading the region.

• Siloam Springs: Remained budget-friendly, rising from $312,726 to $321,386.

• Northwest Arkansas: Overall rise from $438,289 to $481,836.

This price shift means buyers in Centerton have more affordable options compared to nearby cities, while sellers can still benefit from steady demand and competitive pricing. Don't be alarmed by these prices if you're a seller, as a few extra homes last month sold as-is, skewing the numbers lower than typical sales prices.

Price per Square Foot

• Centerton: Climbed from $205 to $215, showing steady appreciation.

• Bentonville: Leads at $269 per square foot.

• Siloam Springs: Affordable at $183 per square foot.

• Northwest Arkansas: Averages $230 per square foot.

For buyers, Centerton offers growing value without the high price tag of Bentonville. Plus, Centerton is still part of the Bentonville school district, making it a strong choice for families who want excellent schools without the higher cost of living in Bentonville. Sellers can take advantage of increasing property values and strong interest in the area.

Active Listings vs. Sold Homes

• Centerton: 148 active listings and 42 homes sold.

• Bentonville: 511 active listings and 72 homes sold.

• Gravette: 54 active listings and just 2 homes sold.

These numbers highlight Centerton’s active market – with a high number of homes selling, it reflects strong demand and steady activity, making it essential for buyers to stay informed and for sellers to understand the market’s consistent movement.

Months of Inventory

Months of inventory is a key indicator of market conditions, calculated by dividing the number of active listings for a given month by the number of homes sold. In a seller’s market (0-3.99 months), there are fewer homes available than buyers, giving sellers more negotiating power. A neutral market (4-6 months) means buyers and sellers are on equal footing, while a buyer’s market (6+ months) offers buyers more choices and leverage. Centerton’s low inventory keeps it favorable for sellers, though it's edging closer to neutral territory. Understanding where each city stands helps you see the level of competition and opportunity whether you're buying or selling.

Based on the latest data:

• Seller's Market (0-3.99 months of inventory): Centerton and Bella Vista.

• Neutral Market (4-6 months of inventory): Rogers, Fayetteville, and Springdale.

• Buyer's Market (6+ months of inventory): Bentonville, Siloam Springs, and Gravette.
  

With Centerton technically still favoring sellers, though nearing neutral market territory, sellers can expect a greater chance of multiple offers and a solid sales price if their home is prepped and marketed at a top-tier level, which is part of the luxury service I provide to my clients at all price points. Buyers need to be prepared for competition, even as the market balances out, and quick decisions in this evolving market.

What’s the Takeaway? Centerton’s market is resilient and evolving. With its affordable prices and rising home values, it remains a prime choice in Northwest Arkansas. For buyers, Centerton offers an accessible path to homeownership with all the perks of living near Bentonville. For sellers, the steady demand means your home will attract attention, especially when marketed well. I’m deeply invested in this community and passionate about helping my clients navigate every aspect of Centerton real estate – from understanding local developments to making confident real estate decisions. Our city is growing, and I’m here to make sure you grow with it. Centerton is holding its own with affordable prices, increasing home values, and strong demand. Whether you're buying, selling, or just keeping an eye on the market, Centerton’s growth is undeniable – and I’m here to help you navigate every step.

Thinking about making a move? Let’s chat! I’m just an email away at [email protected] or you can visit allieverdery.evrealestate.com. Follow my blog here for monthly market updates, Centerton City Council & Planning Commission Recaps each week. They call me The Blue Haired Broker, and I’m ready to help make your Centerton real estate dreams happen!