AR · Metro #108

Fayetteville - AR housing market

The Fayetteville metro has a typical home value of $368,497, up 3.1% from a year ago. Homes sell in 20 days on average - a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$368,497
+3.1% vs. year ago
Median sale price
$361,048
+1.4% YoY
Median list price
$428,467
Sale-to-list ratio
98.3%
Selling below ask
Days on market
20d
Listings w/ price cut
27.5%
New listings / mo
957
+6.5% YoY
Homes for sale
3,045
+29.9% YoY
Typical rent
$1,594/mo
+1.9% YoY
Context

How to read this data

The typical home value ($368,497) is the Zillow Home Value Index for the Fayetteville - AR metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.1% over the past year. In Fayetteville - AR, that means a home worth $357,417 last year is now worth roughly $368,497.

The median sale price , what homes actually close for , is $361,048. Homes are selling at 98.3% of list price, meaning buyers have room to negotiate.

Homes listed in Fayetteville - AR sit on the market for roughly 20 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.5% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 957 new listings hit the market each month in Fayetteville - AR. There are currently 3,045 homes for sale, up 29.9% from a year ago.

The typical monthly rent in Fayetteville - AR is $1,594, up 1.9% year over year. For investors, the price-to-rent ratio here is roughly 19x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in AR

MetroHome value1-yr changeDays on market
Little Rock - AR$231,039 +3.5% 36.0d
Fort Smith - AR$205,554 +4.6% 37.0d
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