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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

$742,486

AVERAGE PRICE OF 927 HOMES

$2,784,160

AVERAGE PRICE OF 122 MULTI-MILLION DOLLAR HOMES

$650,921

AVERAGE PRICE OF 242 NEWLY BUILT HOMES

$983,983

AVERAGE PRICE OF 66 HOMES WITH A POOL

$249,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$527,838

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $742,486
Avg Bedrooms 2.34 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $301,245
2 bedrooms $403,481
3 bedrooms $486,707
4 bedrooms $543,823
5 bedrooms $1,136,566
Fayetteville Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 897 892 872 909 903
Average Price $740,821 $734,126 $761,913 $772,445 $761,622
Avg Price Change +0.91% -3.79% -1.38% +1.42% +3.17%
Median Price $429,018 $435,891 $453,768 $448,957 $426,663
Med Price Change -1.60% -4.10% +1.07% +5.23% +1.95%
Avg Bedrooms 2.3 beds 2.41 beds 2.27 beds 2 beds 2.14 beds
Avg Bathrooms 2.03 baths 2.23 baths 2.12 baths 1.84 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Other 8 $665,275 183 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 927 $742,486 104 days
Multi-Million Dollar Homes 122 $2,784,160 184 days
Newly Built Homes 242 $650,921 109 days
Homes with a Pool 66 $983,983 82 days
Distressed Homes 1 $249,000 355 days
Reduced Price Homes 29 $527,838 64 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 October 6, 2024
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