Feb 20, 2025 - News
Charted: Home list prices
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The median list price for a new home in NWA was about $7,000 less than an existing home in January, per the latest from Realtor.com.
🖼️ The big picture: The median list price of a new build in the U.S. was $449,967 last quarter. That's compared to $395,800 for an existing home.
- "As with everything in real estate, location is key," Realtor.com's Joel Berner tells Axios.
🔎 Zoom in: The average selling prices in NWA were at an all-time high as of mid-2024, according to the Arvest Skyline Report.
- The average selling price for a single-family home during the first half of 2024 in Benton County was $432,956, up 2.5% from a year earlier. It was $389,574 in Washington County, up less than 1% in a year.