Submarket Spotlight | Q3 2023 | NW Arkansas

September 15, 2023

Submarket Report

Northwest Arkansas


Northwest Arkansas, driven by population and job growth, has become a prime multifamily investment market. Key employers like Walmart, Tyson Foods, JB Hunt Transportation, and the University of Arkansas have fueled this growth. The region’s burgeoning culinary and arts scene rivals larger markets. Bentonville and Rogers have witnessed significant new developments, while older properties in central and outlying areas have seen value-added improvements.