Luxury homebuilder Toll Brothers—which has an average selling price of about $1.2 million—announced on Tuesday that it has signed an agreement to buy Fayetteville-based Buffington Homes of Arkansas, marking both CEO Karl Mistry’s first big move since taking the helm at Toll Brothers in March and the builder’s entry into the fast-growing Bentonville, Arkansas market.
Founded in 2010, Buffington Homes is the largest luxury homebuilder in northwest Arkansas and currently operates nine active or upcoming communities across the area, according to Toll Brothers. Buffington Homes owns or controls more than 1,500 lots in the northwest Arkansas market, giving Toll Brothers a sizable land pipeline as it expands its national footprint.
The Bentonville, Arkansas housing market sits within one of the nation’s fastest-growing population hubs. Between July 2024 and July 2025, Benton County’s population rose 3.3%—well above the 0.5% increase for the U.S. overall during the same period.
The screenshot below was pulled from the ResiClub Terminal—which currently hosts over 120 local metrics.
Beyond that, Bentonville’s role as home to Walmart’s headquarters—and a dense network of its key vendors—supports a higher-income demographic that aligns closely with Toll Brothers’ target buyer.
