B
entonville, Arkansas, has experienced significant growth in recent years, with its population reaching 59,471 in 2023, representing a 2.7% increase from the previous year and a 9.8% jump from 2020. Located in Northwestern Arkansas, the city is part of a fast-growing region that is home to major companies like Walmart, J.B. Hunt, and Tyson Foods. According to forecasts, over 1 million people could call Northwest Arkansas home by 2050.

    The real estate market in Bentonville has become increasingly hot, with an 8.5% increase in home sales in the first half of 2024 compared to the same period last year. The area's inventory rate is at an all-time low, and new construction homes make up 39.5% of all sales. Experts attribute this growth to Walmart's recruitment efforts, which have brought more people to the area.

    Walmart has been based in Bentonville for over six decades and continues to drive growth through its recruitment efforts and new projects, such as its upcoming "Home Office" campus. The company's presence has also attracted other big-name companies to the area, contributing to the influx of people in Bentonville. As a result, surrounding areas are starting to grow exponentially as residents seek cheaper housing options.

    The average price per square foot of homes in Benton County is around $430,000, representing a 72.5% increase over five years. Experts expect the real estate market to continue growing, with prices potentially increasing further.