February 2025 Centerton Real Estate Market Update

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 2025 to February 2025 and what that means for you.

Average Sales Price

• Centerton: Dropped from $481,836 in January 2025 to $472,976 in February 2025.

  • New Construction: $535,710 up from $511,639 in January

  • Non-New Construction: $366,330 down from $463,622 

• Bentonville: Decreased from $584,315 in January 2025 to $559,671 in February 2025, making it the highest average sales price in our region.

• Siloam Springs: Increased from $321,386 to $333,066 in February, but still holds the lowest average sales price in our region.

• Northwest Arkansas: Down from $438,289 in January to $426,181 in February.

Price per Square Foot

Centerton remains a great value compared to Bentonville while still offering strong growth in property values. For families, Centerton remains part of the Bentonville school district, providing excellent schools without Bentonville’s price tag.

• Centerton: Increased from $215 to $216, showing positive appreciation.

  • Centerton New Construction: Increased from $220 to $227 per square foot.

  • Centerton Non-New Construction: Increased from $208 to $213 per square foot. 

• Bentonville: Slight rise from $269 to $282 per square foot.

• Siloam Springs: Increased from $183 to $193 per square foot.

• Northwest Arkansas: Rose from $230 to $231 per square foot.

Active Listings vs. Sold Homes - February 2025

• Centerton: 151 active listings, 27 homes sold.

• Bentonville: 538 active listings, 92 homes sold.

• Siloam Springs: 257 active listings, 35 homes sold.

These numbers reflect a slight slowdown in home sales compared to last month, but Centerton continues to be an active market where homes are moving steadily.

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 inventory is rising but still within neutral market range.

Based on the latest data:

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

• Neutral Market (4-6 months): Centerton, Bentonville, Rogers, Fayetteville & NWA as a whole.

• Buyer's Market (6+ months): Siloam Springs and Springdale.

This breakdown shows Centerton transitioning toward a neutral market, meaning both buyers and sellers have negotiating power. Sellers who market their home well can still see strong offers, while buyers may start to see more options available.

What’s the Takeaway? Centerton’s real estate market remains stable with steady demand, though inventory levels are gradually increasing, offering buyers more opportunities. While home values continue to hold strong, the shift toward a more neutral market means sellers need to be strategic in pricing and marketing their homes to stand out. Buyers, on the other hand, are seeing a market with more options, though competition remains in desirable price points.

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.

Staying informed on these trends is essential to making confident real estate decisions, and I’m here to help you navigate them with clarity and expertise.

--Allie Verdery, The Blue Haired Broker, Engel & Völkers NWA