Fayetteville, AR—72703
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 $395,000, with a year-over-year change of 4.5%. This indicates that home prices in Fayetteville, AR are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $395,000 | 4.5% |
| Single Family | $411,000 | 4.6% |
| Condos | $217,000 | 7.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $243,000 | 6.1% |
3 Bed | $359,000 | 4.1% |
4 Bed | $610,000 | 4.8% |
| 5 Bed | $887,000 | 4.2% |
% of Housing Stock
Rental Trends — Fayetteville, AR
As of July '25, Rentcast reports the average rent in Fayetteville, AR is $1,510, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Fayetteville, AR is studios: $911, 1-bedrooms: $1,050, 2-bedrooms: $1,270, 3-bedrooms: $1,860, 4-bedrooms: $2,310. The most common rental property sizes in Fayetteville, AR are 2-bedroom and 1-bedroom, accounting for 44.4% and 25.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,510 |
| Studio Rent | $825 | $911 |
| 1 Bed Rent | $1,050 | $1,050 |
| 2 Bed Rent | $1,200 | $1,270 |
| 3 Bed Rent | $1,850 | $1,860 |
| 4 Bed Rent | $2,350 | $2,310 |
% 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 63. This is a increase of 16.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -17.0% |
Listing Count | 142 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 63 | 16.0% |
Demographics — Fayetteville, AR
As of the latest ACS Survey released in 2023, Fayetteville, AR has a population of 36,000, which has increased by 11.2% over the past 5 years. Fayetteville, AR is a moderately popular place for families, as children make up 21.9% of the population. The area has a highly educated workforce, with 49.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 36,000 | 11.2% |
% Under 18 | 21.9% | 8.4% |
% Seniors | 13.1% | 7.4% |
% WFH | 10.7% | 181.6% |
% w/ College Degree | 49.1% | -2.8% |
As of the latest ACS Survey released in 2023, Fayetteville, AR is a predominantly white area, with 74.9% of the population identifying as white. The white population has shrunk by 8.0% in the last 5 years. The second most common race or ethnicity in Fayetteville, AR is hispanic, making up 7.1% of the population. Foreign-born residents account for 6.5% of the population in Fayetteville, AR, and this percentage has increased by 6.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 74.9% | -8.0% |
% Black | 4.9% | 16.7% |
% Hispanic | 7.1% | -5.3% |
% Asian | 3.2% | 3.2% |
% Foreign Born | 6.5% | 6.6% |
Mortgage and Risk — Fayetteville, AR
According to HUD data as of 2023, there were 391 mortgage originations in Fayetteville, AR, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, AR. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 391 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, AR
As of 2024, the percent of homes in Fayetteville, AR under the Section 8 program is 4.7%. 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 | 454 |
Total Units Section 8 | 454 |
% Rentals under Section 8 | 4.7% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,050 | $880 |
| 2 Bedroom | -$140 | $1,200 | $1,060 |
| 3 Bedroom | -$360 | $1,850 | $1,490 |
| 4 Bedroom | -$630 | $2,350 | $1,720 |
Affordability — Fayetteville, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6 |
| Median Home Price | $395,000 |
| Median Household Income | $60,200 |