Is Rogers, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rogers has remained a Seller's Market.
Key Takeaway
Rogers is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rogers, AR
How much do homes in Rogers, AR cost?
Median Sold Price
$374,204
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Rogers have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Rogers was $374,204 in April 2024, down 2.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157K | $210K | +33.8% |
| 2 Bedrooms | $242.5K | $275.5K | +13.6% |
| 3 Bedrooms | $285.3K | $313.7K | +10.0% |
| 4 Bedrooms | $526.2K | $552.4K | +5.0% |
| 5+ Bedrooms | $627.2K | $860K | +37.1% |
Summary: Rogers housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Cities
| Bentonville | $426.1K | $479.2K | +12.4% |
| Lowell | $312.3K | $344K | +10.1% |
| Cave Springs | $519.3K | $551.2K | +6.1% |
| Rogers | $384.5K | $374.2K | -2.7% |
Housing Supply in Rogers, AR
How many homes are available in Rogers, AR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 362 | 377 | +4.1% |
Summary: The Rogers real estate market had 377 homes for sale in April 2024, a 4.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 34 | 32 | -5.9% |
| 3 Bedrooms | 155 | 157 | +1.3% |
| 4 Bedrooms | 127 | 136 | +7.1% |
| 5+ Bedrooms | 43 | 49 | +14.0% |
Summary: The Rogers housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 14%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 81 | 101 | +24.7% |
Asking Price vs. Sold Price
53 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rogers, you may be able to get a good deal. 52.5% of homes here sold below asking price last month.
Summary: A total of 101 homes were sold or pending in Rogers in April 2024, up by 24.7% month-over-month. Of the 101 sold homes, 52% were sold under asking, 33% were sold at asking, and 15% were sold over asking.
Days on Market for Rogers, AR
How long does it take to sell a home in Rogers, AR?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 75 Days | +12.1% |
Summary: Homes in Rogers had an average of 75 days on market in Apr 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
63 Homes Were Sold
In 30 - 90 Days
24 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Rogers has remained consistent over time.
Summary: During April 2024, 101 homes were sold in Rogers; 13% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.