Bentonville, AR is growing rapidly, which has fueled a hot real estate market

Published On Oct 12, 2024, 8:00 AM

Bentonville, Arkansas, is experiencing significant growth, making it an attractive market for real estate investments. The city's population increased by 2.7% from 2022 and by 9.8% since 2020, driven largely by the presence of major companies like Walmart, J.B. Hunt, and Tyson Foods. The real estate market is booming, with home sales up by 8.5% in early 2024 compared to last year, amid low inventory and a high demand for new construction. Experts anticipate that as Walmart continues to recruit employees and add infrastructure, the local economy and real estate market will remain strong. The average home price in Benton County is around $430,000, reflecting rising demand and limited supply.

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The sustained growth in population and job recruitment by major companies like Walmart signals a positive outlook for the real estate sector in Bentonville. Low inventory levels and a significant number of new home constructions will likely keep demand and home prices high.

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