Northwest Arkansas Real Estate Market Overview: Average Sales Price, Price Per Foot and Absorption
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NWA & Beyond: Real Estate Podcast — Market Update (March 2026)
Is the Northwest Arkansas real estate market cooling off? Not even close. In this episode, hosts Russell King and Carter Clark kick off a new market data series, cutting through national headlines to deliver the real numbers on what's happening right here in NWA.
They break down the latest stats across Benton and Washington County, including:
- Inventory surge: Active listings have nearly doubled since 2023 — from 1,556 to 3,106 homes — yet NWA is still firmly in seller's market territory at just 3.54 months of supply
- Rising prices: Average sale prices climbed from $400K in 2023 to $462K today — a $62,000 increase in three years
- Price per square foot: Up 6.5% year-over-year, from $211 to $224/sq ft
- Luxury market boom: Million-dollar home sales have more than doubled, from 19/month in 2023 to 41/month today
- What's driving it all: New construction, normalized interest rates, and the continued transformation of NWA's downtown corridors in Bentonville, Rogers, Springdale, and Fayetteville
Whether you're a buyer waiting for prices to drop or a seller wondering if the market has peaked, Russell and Carter have the data — and the verdict is clear: the time to act is now.
Connect with the team at Weichert Realtors- The Griffin Company to get the market intelligence you need to make your next move.
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