Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 85,257, 33,528 total housing units (homes and apartments), and a median house value of $233,661, Fayetteville real estate is some of the most expensive in Arkansas, although Fayetteville home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Fayetteville, accounting for 48.48% of the city's housing units. Other types of housing that are prevalent in Fayetteville include large apartment complexes or high rise apartments ( 34.69%), duplexes, homes converted to apartments or other small apartment buildings ( 11.30%), and a few row houses and other attached homes ( 3.93%).
People in Fayetteville primarily live in small (one, two or no bedroom) single-family detached homes. Fayetteville has a mixture of owner-occupied and renter-occupied housing.
There is a lot of housing in Fayetteville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fayetteville built between 2000 and later ( 31.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.92%). There's also some housing in Fayetteville built before 1939 ( 3.79%).
Appreciation rates for homes in Fayetteville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 15.67%, which ranks in the top 50% nationwide. This equates to an annual average Fayetteville house appreciation rate of 1.47%.
Over the last year, Fayetteville appreciation rates have trailed the rest of the nation. In the last twelve months, Fayetteville's appreciation rate has been 4.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fayetteville were at 0.03%, which equates to an annual appreciation rate of 0.13%.
Notably, Fayetteville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Arkansas, our data show that Fayetteville's latest annual appreciation rate is higher than 80% of the other cities and towns in Arkansas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Fayetteville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fayetteville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Fayetteville real estate investment or home purchase decisions.
|$912,001 - $1,215,000||1.0|
|$608,001 - $912,000||3.3|
|$486,001 - $608,000||6.0|
|$365,001 - $486,000||8.2|
|$243,001 - $365,000||19.3|
|$121,001 - $243,000||42.8|
|$61,001 - $121,000||13.6|
|$0 - $61,000||5.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
2000 Q1 - 2018 Q3
|* 10 is highest|
|AGE OF Fayetteville HOMES|
|2000 or Newer||31.8|
|1970 - 1999||50.5|
|1940 - 1969||13.9|
|1939 or Older||3.8|
|TYPE OF Fayetteville HOMES|
|Small Apt. Buildings||11.3|
|SIZE OF Fayetteville HOMES|
|5 or more bedrooms||1.99|