Benton County's Tontitown market shows a wide gap between active listings and closed sales, pointing to a buyer's market with fast-moving pricing among the properties that do sell.
Price Trends
Homes in Tontitown closed at a median sale price of $449,900 and an average of $455,347, with a median price per square foot of $231.19. Sellers who did close saw a median sale-to-list ratio of 100%, meaning finished sales landed right at asking price. Total sales volume for the period reached $1,366,040 across three closed transactions.
Inventory and Supply
Active listings stood at 84 against just three completed sales, producing 223.5 months of supply and an absorption rate of 0.45%. These figures point to a buyer's market, with substantially more available inventory than the current sales pace is working through. Sell-through of new listings reached 60%, while the pending-to-active ratio sat at 0%, suggesting limited near-term momentum in the pipeline.
Pace of Sales
Properties that sold moved quickly, with an average of 10.33 days on market and a median of 9 days. New listing activity was concentrated early in the year, with three new listings in January and two in March, followed by several months without new listings while active inventory climbed to a high of 99 in April before easing to 84 by July. Homes priced under $450,000 sold in an average of 4.5 days, compared to 22 days for homes in the $450,000–$475,000 range.
Property Highlights
All closed sales in this period were single-family houses, with a median size of 2,080 square feet, an average of 4 bedrooms and 3 bathrooms, and a median year built of 2026. New construction made up 80% of new listings and 100% of listing share in Tontitown, reflecting a market weighted heavily toward newly built homes.
At a Glance
- Median Sale Price: $449,900
- Average Days on Market: 10.33 days
- Active Listings: 84
- Months of Supply: 223.5
- Sell-Through Rate: 60%
- Sale-to-List Price: 100%
See the full interactive year-to-date market report: https://nwastats.com/market-report/tontitown-benton-county-year-to-date-market-update/