Bella Vista, AR Homes For Sale - Arkansas Real Estate | BEX Realty (2024)

FAQs

What is the best neighborhood in Bella Vista Arkansas? ›

Some of the best neighborhoods in or around Bella Vista, Arkansas are Basildon and Duxford. Consider buying or renting a home in one of these popular neighborhoods.

Based on our Bella Vista cost of living calculator, Bella Vista is 16% less expensive than the national average and 2% more expensive to live in than the average city in Arkansas. This assumes a $72,000 annual salary and a 2 Bedroom Apt. Food costs in Bella Vista are more affordable than average in the United States.

Arkansas Housing Market Conditions

The current real estate market conditions in Arkansas are becoming favorable for home buyers. Here's how: Lower Mortgage Rates: The interest rates for home loans have decreased to 7.03%, marking a decline from approximately 8% in the preceding year of 2023.

Bella Vista is a gorgeous, quiet town perfect for anyone seeking to retire and spend their days outdoors. Arkansas is a beautiful state, and Bella Vista is just one of the many cities within it dedicating its land to the preservation of natural forestation and recreational activities.

Bella Vista is a suburb of with a population of 30,297. Bella Vista is in Benton County and is one of the best places to live in Arkansas. Living in Bella Vista offers residents a rural feel and most residents own their homes. In Bella Vista there are a lot of parks.

Bella Vista Demographics

White: 87.79% Two or more races: 10.2% Native American: 0.84% Asian: 0.57%

It does appears, historically, that serious tornados do not like the high hills and valley torain of the Ozark foothills which is exactly where Bella Vista sits. Serious tornados often rouch down in the flatlands East, North and South of us, but few in the Ozark hills which run across most of Northern Arkansas.

Daily high temperatures are around 51°F, rarely falling below 30°F or exceeding 71°F. The lowest daily average high temperature is 46°F on January 5. Daily low temperatures are around 32°F, rarely falling below 12°F or exceeding 50°F.

Arkansas Real Estate Market Overview

The median Arkansas home price is up 9% compared to 2023, selling at an average of $256,600 according to Redfin.com. Arkansas also had some of the highest rates of incoming migration in the country in 2022, boasting a staggering 41.9% more inbound movers than outbound.

The average Arkansas home value is $210,371, up 2.9% over the past year and goes to pending in around 28 days.

Why is real estate so cheap in Arkansas? ›

Low demand to live in Arkansas (for whatever the reason, low job growth, now a desirable place to live, etc) causes low movement of inventory, which would cause low pricing (in order to move inventory quicker.

In 2022, Bella Vista, AR had a population of 30.3k people with a median age of 50.2 and a median household income of $83,989. Between 2021 and 2022 the population of Bella Vista, AR grew from 29,818 to 30,297, a 1.61% increase and its median household income grew from $74,972 to $83,989, a 12% increase.

Extreme weather: Arkansas can experience extreme weather conditions, including tornadoes and ice storms, which can be a concern for some retirees. Limited job opportunities: For retirees who may want or need to continue working part-time, job opportunities can be limited in some areas of Arkansas.

Compared to communities within Arkansas, Bella Vista's crime rate is lower than nearly 71% of the state's cities and towns. It is for these reasons that Bella Vista is ranked as one of the top 100 safest cities in the U.S.A.

The richest city in Arkansas is Goshen in Washington County with an average household income of $218,407 as of 2022. While exceptionally affluent, Goshen only has a population of 2,299 as of 2023.

In 2022, Bella Vista, AR had a population of 30.3k people with a median age of 50.2 and a median household income of $83,989. Between 2021 and 2022 the population of Bella Vista, AR grew from 29,818 to 30,297, a 1.61% increase and its median household income grew from $74,972 to $83,989, a 12% increase.