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Fayetteville

Why you'd want to live in Fayetteville

Fayetteville is known as a college town and is home to the University of Arkansas. The city is located in the Ozarks in the northwest portion of Arkansas in Washington County. Fayetteville is the location of the Clinton House Museum. History The area known as Fayetteville was originally inhabited by the Osage Indians. The Cherokee Treaty which was established in 1828 made the land in the region available to settlers. The town was the location of numerous battles during the Civil War including a battle at Pea Ridge and a battle at Prairie Grove. The city was established in 1836 and was a prominent transportation center due to being situated between eastern cities and the undeveloped West. The town was given its name in the 1800's by a small number of families settling in the region. They named it after their former home of Fayetteville, Tennessee. The early pioneers who established the area were situated approximately 30 miles away from the newly created Indian Territory. The deported Indian people from the East were placed there. The town was known for providing supplies and a place to rest for people migrating to the West. The economy significantly improved with the arrival of the railroad. via CityTownInfo

Fayetteville Market Report

$764,441

AVERAGE PRICE OF 885 HOMES

$2,863,873

AVERAGE PRICE OF 113 MULTI-MILLION DOLLAR HOMES

$609,546

AVERAGE PRICE OF 260 NEWLY BUILT HOMES

$1,032,573

AVERAGE PRICE OF 59 HOMES WITH A POOL

$249,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$560,992

AVERAGE PRICE OF 58 REDUCED PRICE HOMES

Average Home

Average Price $764,441
Avg Bedrooms 2.24 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $369,489
2 bedrooms $400,776
3 bedrooms $501,979
4 bedrooms $532,830
5 bedrooms $1,138,332
Fayetteville Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 909 903 858 806 738
Average Price $772,445 $761,622 $738,190 $787,519 $804,251
Avg Price Change +1.42% +3.17% -6.68% -2.12% -1.28%
Median Price $448,957 $426,663 $418,486 $416,700 $408,530
Med Price Change +5.23% +1.95% +0.43% +2.00% +0.74%
Avg Bedrooms 2 beds 2.14 beds 2.47 beds 2.46 beds 2.41 beds
Avg Bathrooms 1.84 baths 2.1 baths 2.46 baths 2.47 baths 2.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 9 $685,244 142 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 885 $764,441 93 days
Multi-Million Dollar Homes 113 $2,863,873 159 days
Newly Built Homes 260 $609,546 89 days
Homes with a Pool 59 $1,032,573 57 days
Distressed Homes 1 $249,000 278 days
Reduced Price Homes 58 $560,992 83 days
Sudar Group
5214 W. Village Parkway
Rogers, AR 72758
479-308-8380

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Provided Courtesy of Northwest Arkansas Board of Realtors® MLS. Information Is Believed To Be Accurate But Not Guaranteed. Copyright © 2024 Northwest Arkansas Board of Realtors® MLS. All Rights Reserved. Database last updated July 21, 2024
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