Fayetteville, AR is a great place for housing. The median value of homes in the area is $332,200, which is slightly lower than the US median of $338,100. However, Fayetteville has seen an impressive 16.21% appreciation rate in home values over the past year, much higher than the national average of 8.27%. This indicates that Fayetteville's housing market is highly desirable and a great investment. Those looking to purchase a home should consider Fayetteville as an attractive option due to its relatively affordable prices and high rate of appreciation.
The median home cost in Fayetteville is $332,200. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Fayetteville is up 23.4%.
Average Age of Homes
- The median age of Fayetteville real estate is 24 years old
The Rental Market in Fayetteville
- Renters make up 52.6% of the Fayetteville population
- 2.2% of houses and apartments in Fayetteville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.