TL;DR: Bentonville was Arkansas's second-fastest-growing city between 2023 and 2024, growing 3.5% to 61,791 as of July 1, 2024 (Talk Business & Politics).
Bentonville Population Growth And Home Prices
Bentonville was Arkansas's second-fastest-growing city between 2023 and 2024, growing 3.5% to 61,791 as of July 1, 2024, and adding 7,575 residents -- 14% growth -- from 2020 to 2024 (Talk Business & Politics). This trajectory continued with an estimated population of 63,057 as of July 1, 2025 (U.S. Census Bureau QuickFacts). Sellers in this environment often encounter compressed marketing times, while buyers must adjust expectations regarding competition for available listings.
Concurrent with this demographic expansion, the median home sale price in Bentonville was $415,000 as of July 2026 (Houzeo). This specific price point serves as the current statistical midpoint for transactions, meaning half of all homes sold for more and half sold for less during that period. When evaluating the cost of entry, a buyer must assess whether this median aligns with their capital allocation strategy, particularly given the 14% population increase recorded from 2020 to 2024 (Talk Business & Politics). The intersection of rising resident counts and established pricing metrics defines the current risk profile for real estate investors in the area.
Bentonville Inventory Supply and Tax Rates
Inventory levels in Bentonville indicate a market that has moved away from the extreme scarcity seen in previous years, though supply remains measured. According to data from Houzeo, the city recorded 766 active listings as of July 2026. This volume translates to 2.64 months of inventory supply as of that same date. For buyers reviewing featured listings, this figure suggests a market where options exist but competition for desirable properties persists. A supply of roughly two and a half months typically signals that neither buyers nor sellers hold a distinct advantage, requiring strategic positioning from either side of the transaction.
Financing costs and long-term tax obligations are critical components of the actual cost of ownership in Northwest Arkansas. The 30-year fixed-rate mortgage averaged 6.67% as of August 13, 2026, according to the Freddie Mac Primary Mortgage Market Survey. This rate environment directly impacts monthly payment calculations and purchasing power for those entering the market. Concurrently, the recurring cost of holding real estate in the area remains competitive relative to other regions. Benton County property tax is approximately 0.6% of assessed value in 2026, per Tax-Rates.org. This specific tax rate provides a predictable annual expense for investors and homeowners planning their fiscal horizons.
Bentonville Ownership Transfer And Utility Costs
When analyzing the acquisition costs for real estate in Arkansas, the state imposes a real property transfer tax of $3.30 per $1,000 of actual consideration on transactions over $100, a one-time cost paid at closing according to the Arkansas Department of Finance and Administration. This statutory fee applies to the transfer of title and represents a specific closing expense that buyers and sellers must account for during the settlement process. When you list your home with us, we ensure these figures are calculated accurately based on the final contract price rather than estimates.
Operating expenses in Bentonville require a review of both insurance premiums and recurring utility fees. The average cost of homeowners insurance in Arkansas is $3,720 a year, based on a standard policy with $300,000 in dwelling coverage, $100,000 in liability protection and a $1,000 deductible, as of August 4, 2026 (Insure.com). This annual premium is a fixed component of the cost of ownership that varies by carrier but provides a benchmark for budgeting.
Monthly carrying costs for utilities are defined by local consumption rates and service fees. The average total monthly utility bill in Bentonville is $257.88 (electric $124.37, water $54.87, sewer $61.16, trash $17.48), based on assumed usage of 1,000 kWh electricity and 5,000 gallons water a month, as of July 21, 2026 (Utility Rates). These figures provide a baseline for monthly cash flow requirements outside of mortgage principal and interest payments.
Bentonville Tax Rates And Income Data
Arkansas imposes a two-bracket individual income tax structure with a top marginal rate of 3.90% on income above $4,600, according to the 2026 state income tax rates published by the Tax Foundation. This policy establishes a specific ceiling on state-level income tax liability for residents earning beyond that threshold. For those relocating to the area, this rate represents a fixed cost component that must be weighed against total compensation, as it applies uniformly to income exceeding the stated bracket floor.
Consumers in Bentonville face a combined sales tax rate of 9.5%, which comprises the 6.5% Arkansas state rate, a 1.0% Benton County rate, and a 2.0% Bentonville city rate, as detailed by Avalara effective April 30, 2026. This aggregate rate determines the final purchase price for goods and services within the city limits. Buyers must account for this percentage when budgeting for durable goods or home-related expenses, as the total levy is the sum of these three distinct jurisdictions.
The local economic profile is defined by a median household income of $112,792 in 2024 dollars, derived from 2020-2024 American Community Survey data by the U.S. Census Bureau. This figure serves as a benchmark for the purchasing power typical of the area. For a seller, this income level suggests a market with the capacity to absorb inventory at specific price points, while buyers can use this metric to assess how their earnings compare to the regional standard established during that survey period.
Working With Mason Capital Group in Bentonville
Understanding the cost of buying a home in Bentonville requires analyzing verified data rather than relying on general market sentiment. With 30+ years in Northwest Arkansas and $2.4B+ in cumulative transaction activity, Mason Capital Group provides the specific historical context necessary to evaluate current conditions accurately. Our team operates from 609 SW 8th Street, 6th Floor, Bentonville, AR 72712, offering portfolio-manager level guidance to clients who require precise analysis of local asset performance.
Effective real estate strategy in this region depends on access to concrete figures and their documented sources. We assist buyers and sellers in navigating the market by focusing exclusively on the actual math behind every transaction. To discuss your specific requirements with a formal advisor, contact Mason Capital Group at 479-925-3333.
How fast is Bentonville growing?
Bentonville was Arkansas's second-fastest-growing city between 2023 and 2024, growing 3.5% to 61,791 as of July 1, 2024, and adding 7,575 residents -- 14% growth -- from 2020 to 2024 (Talk Business & Politics). The city had an estimated population of 63,057 as of July 1, 2025 (U.S. Census Bureau QuickFacts).
What is the median home sale price in Bentonville?
The median home sale price in Bentonville was $415,000 as of July 2026 (Houzeo). This price point exists within a market that had 766 active listings as of July 2026, representing 2.64 months of inventory supply (Houzeo).
What are the current mortgage rates?
The 30-year fixed-rate mortgage averaged 6.67% as of August 13, 2026 (Freddie Mac Primary Mortgage Market Survey). Buyers should also account for Benton County property tax, which is approximately 0.6% of assessed value in 2026 (Tax-Rates.org).
What are the closing costs for buying a home in Arkansas?
Arkansas's real property transfer tax is $3.30 per $1,000 of actual consideration on transactions over $100, a one-time cost paid at closing (Arkansas Department of Finance and Administration). Beyond closing, ongoing ownership includes the average cost of homeowners insurance in Arkansas, which is $3,720 a year, based on a standard policy with $300,000 in dwelling coverage, $100,000 in liability protection and a $1,000 deductible, as of August 4, 2026 (Insure.com).
What is the cost of living in Bentonville?
The average total monthly utility bill in Bentonville is $257.88 (electric $124.37, water $54.87, sewer $61.16, trash $17.48), based on assumed usage of 1,000 kWh electricity and 5,000 gallons water a month, as of July 21, 2026 (Utility Rates). The combined sales tax rate in Bentonville, Arkansas is 9.5%, made up of the 6.5% Arkansas state rate, a 1.0% Benton County rate and a 2.0% Bentonville city rate, current as of the rate update effective April 30, 2026 (Avalara). These costs interact with a local median household income of $112,792 in 2024 dollars, based on 2020-2024 American Community Survey data (U.S. Census Bureau), and a state tax structure where Arkansas has a two-bracket individual income tax structure with a top marginal rate of 3.90% on income above $4,600 (Tax Foundation, 2026 state income tax rates).