Fayetteville, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fayetteville Neighborhoods Since 2000




Fayetteville, AR Real Estate Data


Fayetteville Housing Market Information

With 82,830 people, 33,063 houses or apartments, and a median cost of homes of $201,890, 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 49.40% of the city's housing units. Other types of housing that are prevalent in Fayetteville include large apartment complexes or high rise apartments ( 34.04%), duplexes, homes converted to apartments or other small apartment buildings ( 11.16%), and a few row houses and other attached homes ( 3.73%).

The most prevalent building size and type in Fayetteville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 36.64% owning and 63.36% renting.

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 ( 30.85%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.57%). There's also some housing in Fayetteville built before 1939 ( 3.69%).

Fayetteville Home Appreciation Rates

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 4.19%, which ranks in the top 50% nationwide. This equates to an annual average Fayetteville house appreciation rate of 0.41%.

NeighborhoodScout's data show that during the latest twelve months, Fayetteville's appreciation rate, at 4.72%, has been at or slightly above the national average. In the latest quarter, Fayetteville's appreciation rate has been 1.71%, which annualizes to a rate of 7.02%.

Importantly, this makes Fayetteville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

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.

Average Home Values

 

Median Home Value:
$201,890

Fayetteville, AR HOME PRICES

Value Range
> $1,143,000 0.4
$857,001 - $1,143,000 0.8
$571,001 - $857,000 2.2
$457,001 - $571,000 6.2
$343,001 - $457,000 8.0
$229,001 - $343,000 21.3
$114,001 - $229,000 43.0
$57,001 - $114,000 13.0
$0 - $57,000 4.7

Very High for AR
High for Nation

Value Relative to Nation Value Relative to State
31.4660728934724 3.16901408450704

Number Of Homes And Apartments:
33,063

Rent & Ownership

 

Average Market Rent:
$889 / per month

Homeownership Rate

Homeownership
Owners 36.64
Renters 63.36
Vacant 9.16

Housing Market Details

 

Age of Homes

AGE OF Fayetteville HOMES
2000 or Newer 30.9
1970 - 1999 50.9
1940 - 1969 14.6
1939 or Older 3.7

Types of Homes

TYPE OF Fayetteville HOMES
Single-Family 49.4
Townhomes 3.7
Small Apt. Buildings 11.2
Apt. Complexes 34.0
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Fayetteville HOMES
No Bedroom 2.90
1 Bedroom 15.01
2 Bedrooms 31.17
3 Bedrooms 34.97
4 Bedrooms 14.35
5 or more bedrooms 1.60

Fayetteville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
54.01% 2.53% 9 7
* 10 is highest