Northwest Arkansas' home prices compared
The median home sale price in Northwest Arkansas was $370,000 at the end of March, below the national median of $431,000, according to Redfin.
The median price statewide was $264,000.
Yes, but: The average selling price for a single-family home during the last half of 2024 in Benton County was $449,750 according to the most recent Arvest Skyline Report.
It was $402,322 in Washington County.
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But our hope is that by working together, we can give the consumer such a better experience and such a lower fee that what they'll want to do is work with us. But if you keep these industries at each other's throats, where we're all spending money to get the same customer, you're never going to make the industry more efficient. And that's why the consumer is still paying so much every time she moves. USA TODAY: There has been a lot of experimentation, a lot of companies spending a lot of money on big bets, you know, Redfin starting with salaried agents, the iBuyers like Opendoor that buy homes directly from owners, Zillow Offers. Why is it so hard to get the model right? Kelman: I think the consumer is really traditional. It's an infrequent purchase, so once a decade you move and usually you call on a neighbor to help you handle the sale, or you hire your uncle as a real estate agent. Also it's a cooperative industry. So anytime you have a disruptor, the consumer has to worry. 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