- Walmart’s headquarters are located in Bentonville, Arkansas.
- The city has become a desirable destination as Walmart executives have relocated there.
- As a result, home values have gone up in recent years.
- Bentonville has also become home to more trendy restaurants and a boutique hotel.
Since the Waltons first set foot in Bentonville in 1950, the quiet town has grown to become a cosmopolitan city with a modern art gallery, boutique hotel, artisan shops, and fancy restaurants — and the family that founded Walmart is mostly to thank for this.
The presence of Walmart’s headquarters here has driven up property prices in the area as company executives settle in the town and create a demand for luxury real estate.
The average price for homes in downtown Bentonville has increased from $63 to $192 per square foot up in the past six years, according to a study done by the University of Arkansas and commissioned by the Walton Family Foundation, The Wall Street Journal reported.
See how the city has evolved as Walmart has grown: