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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

$804,722

AVERAGE PRICE OF 760 HOMES

$3,189,763

AVERAGE PRICE OF 105 MULTI-MILLION DOLLAR HOMES

$622,238

AVERAGE PRICE OF 272 NEWLY BUILT HOMES

$1,043,880

AVERAGE PRICE OF 42 HOMES WITH A POOL

$223,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$644,114

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

Average Home

Average Price $804,722
Avg Bedrooms 2.47 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

1 bedroom $216,428
2 bedrooms $360,980
3 bedrooms $394,999
4 bedrooms $523,495
5 bedrooms $1,493,758
Fayetteville Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 738 711 733 747 770
Average Price $804,251 $814,557 $862,516 $833,548 $772,688
Avg Price Change -1.28% -5.89% +3.48% +7.88% -201.78%
Median Price $408,530 $405,510 $417,341 $407,513 $402,201
Med Price Change +0.74% -2.92% +2.41% +1.32% -47.99%
Avg Bedrooms 2.41 beds 2.38 beds 2.18 beds 2.09 beds 1.97 beds
Avg Bathrooms 2.32 baths 2.3 baths 2.11 baths 1.93 baths 1.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 13 $403,076 92 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 760 $804,722 112 days
Multi-Million Dollar Homes 105 $3,189,763 128 days
Newly Built Homes 272 $622,238 97 days
Homes with a Pool 42 $1,043,880 198 days
Distressed Homes 2 $223,500 137 days
Reduced Price Homes 14 $644,114 51 days
Sudar Group
509 W. Spring St., Suite 273
Fayetteville, AR 72701
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 March 2, 2024
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