Benton County Real Estate Prices Surge yet Overall Activity Slips

🏡 Key Highlights

• New Home Prices: +8.1% YOY (median $397,950)

• Existing Home Prices: +7% YOY (median $380,000)

• Total Homes Sold: Down -6.9% year over year (666 vs. 715)

• Total Real Estate Activity: Real estate filings down -4% year over year

• Mortgage Activity: Average residential loan balance: $333,415.

Market Overview

Home prices accelerated versus July, but overall closings declined. The decline was driven mainly by fewer new-construction sales.

Existing Home Sales Benton County

• Steady Range - Existing-home closings have remained tight for three years: 375 (2023) → 376 (2024) → 388 (2025).

• Rising Prices - Average price +8.2% YOY ($478,041 vs $442,013), indicating more high-end transactions.

• National Trends - The National Association of Realtors (NAR) reported that the July 2025 median home prices rose +2% to $435,300 in July. Benton County continues to outpace the national average but the Median price is still below national levels.

New Home Sales - Benton County

• Shifting Sales Mix - New Construction accounted for 41.7% of all residential sales in Benton County down from 47% last year.

• Pricing - Median home prices rose +8.1% year over year.

• Activity Levels - New homes sold dropped -18% year over year. An especially rainy season lengthened build times.

• New Home Incentives - At a national level many homebuilders are offering incentives to move housing inventory. The data is not showing that yet in NWA as prices continue to increase year over year.

Financial Health

Notice of Defaults:

• 9 total Notice of Defaults filed in Benton County in August v. 29 in July. This is great news for the market as we are not seeing any indicators yet of debt level stress.

Total Sales Volume

• Total Sales Volume - Continues to increase to $317.3M. We still aren’t at pandemic level sales but the market is steadily growing each year.

Mortgage Activity

• Upward Trends - Total mortgages filed continue to increase after retreating from the pandemic refinance highs of 2021 and 2022. Watch for refi opportunities if rates ease with the next Fed meeting next week.

• Loan Amounts - August average loan $333,415.

• Household Equity - With a median home price of $390,000 range, the typical Benton County homeowner holds approximately $57,000 in household equity. 

• 30 Year Mortgage - The average 30 year is 6.29%. This is down from 6.6% just a couple of weeks ago!

Smart Tools for Savvy Agents

📊 AI Reports - Monthly data reports that give you the information edge you need to outpace the competition.  

🔢 Calculators - Closing costs made simple with the most accurate and powerful estimator available.

📞 Contacts - Need a real estate expert? Connect directly with our team of closers here.

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