Fayetteville, AR—72701
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fayetteville, AR
As of Oct '25, the median home price in Fayetteville, AR is $383,000, with a year-over-year change of 4.4%. This indicates that home prices in Fayetteville, AR are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $383,000 | 4.4% |
| Single Family | $381,000 | 4.7% |
| Condos | $414,000 | 9.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $299,000 | 9.1% |
2 Bed | $327,000 | 5.8% |
3 Bed | $330,000 | 3.1% |
4 Bed | $495,000 | 4.4% |
| 5 Bed | $803,000 | 5.2% |
% of Housing Stock
Rental Trends — Fayetteville, AR
As of July '25, Rentcast reports the average rent in Fayetteville, AR is $1,690, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Fayetteville, AR is studios: $1,120, 1-bedrooms: $1,130, 2-bedrooms: $1,630, 3-bedrooms: $1,950, 4-bedrooms: $2,630. The most common rental property sizes in Fayetteville, AR are 2-bedroom and 1-bedroom, accounting for 37.2% and 21.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,690 |
| Studio Rent | $1,120 | $1,120 |
| 1 Bed Rent | $950 | $1,130 |
| 2 Bed Rent | $1,480 | $1,630 |
| 3 Bed Rent | $1,820 | $1,950 |
| 4 Bed Rent | $2,500 | $2,630 |
% of Rental Stock
Property Listings — Fayetteville, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Fayetteville, AR is 77. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $459,000 | 0.0% |
Listing Count | 236 | 9.0% |
| Listings as % of Homes | 0.8% | 9.0% |
Days on Market | 77 | 25.0% |
Demographics — Fayetteville, AR
As of the latest ACS Survey released in 2023, Fayetteville, AR has a population of 49,000, which has increased by 12.2% over the past 5 years. Fayetteville, AR is a moderately popular place for families, as children make up 16.5% of the population. The area has a moderately educated workforce, with 42.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 49,000 | 12.2% |
% Under 18 | 16.5% | -0.6% |
% Seniors | 10.3% | 14.4% |
% WFH | 13.2% | 116.4% |
% w/ College Degree | 42.5% | 3.4% |
As of the latest ACS Survey released in 2023, Fayetteville, AR is a predominantly white area, with 73.3% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Fayetteville, AR is hispanic, making up 8.1% of the population. Foreign-born residents account for 4.7% of the population in Fayetteville, AR, and this percentage has decreased by 24.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.3% | -6.7% |
% Black | 5.4% | -20.6% |
% Hispanic | 8.1% | 0.0% |
% Asian | 3.0% | 25.0% |
% Foreign Born | 4.7% | -24.2% |
Mortgage and Risk — Fayetteville, AR
According to HUD data as of 2023, there were 621 mortgage originations in Fayetteville, AR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, AR. Investor activity is low, as 6.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 621 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 6.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, AR
As of 2024, the percent of homes in Fayetteville, AR under the Section 8 program is 4.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Fayetteville, AR, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 712 |
Total Units Section 8 | 516 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 81.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$30 | $950 | $920 |
| 2 Bedroom | -$370 | $1,480 | $1,110 |
| 3 Bedroom | -$260 | $1,820 | $1,560 |
| 4 Bedroom | -$700 | $2,500 | $1,800 |
Affordability — Fayetteville, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $383,000 |
| Median Household Income | $50,400 |