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Fayetteville Real Estate For Sale In AR
Tucked up in Arkansas’ pristine northwest corner, real estate in Fayetteville is secretly one of the nicest, most vibrant cities in the South. Home to the University of Arkansas and benefiting from several major corporations based in nearby towns, Fayetteville is both economically and culturally sound. In terms of Arkansas Real Estate, Fayetteville offers you the chance to own a three-bedroom home in a pristine neighborhood within ten minutes of downtown amenities and less than an hour from beautiful hikes in untouched mountains.
More About Fayetteville AR
Look for Fayetteville on a map and you might suspect someone is trying to hide it. The place has an oasis-like feeling to it, an urban island in an ocean of wooded hills rising out of farmland. The University of Arkansas is a major draw for the city and lends it a youthful active atmosphere, but the numerous major corporations headquartered around Fayetteville draw in young professionals and families too. Culturally speaking, Fayetteville has an even keel where everyone has a place.
Make the move here and you’ll find plenty to do all year round, including seeing great live local music on First Thursdays, enjoying quality cinema during the Fayetteville Film Festival, and taking in the holiday decorations during Lights of the Ozarks.
Fayetteville AR Real Estate Market
Fayetteville, AR real estate has been on the rise for the last two years, and even as the market settles the median listing price for a single family home is $300K about 20% higher than it was in quarter 2 of 2021. That’s about $70K dollars less than the national average, making Fayetteville real estate a great option for first time home buyers looking for their first house.
About a third of Fayetteville real estate listings are priced between $150K and $285K. There are luxury home options around the $2M and $3M near the eastern outskirts of the city around the town of Goshen. Since Fayetteville is primarily a college town, about one third of the properties in the city are resident-owned, and the other two thirds are rented.
Most homes for sale in Fayetteville are newer than those in most other American cities. Almost a third of Fayetteville real estate has been developed since 2000, and fully three fourths of all homes were built since 1970. By and large, these homes are one-story, three-bedroom affairs, though you can still find plenty of four-bedroom homes perfect for accommodating larger families.
Fayetteville is currently in a solid seller’s market, though you don’t have to panic about catching the home of your dreams, as it takes about 60 days on average for a Fayetteville home to sell.
Distance to Other Cities
191 miles to Little Rock, AR
113 miles to Tulsa, OK
151 miles to Springfield, MO
27 miles to Bentonville, AR
86 miles to Muskogee, AR
Districts of Fayetteville AR
With a population of just under 100,000, it’s better to split Fayetteville up into districts rather than neighborhoods to get a good feel for the city.
Best Fayetteville District For Families
Look to East Fayetteville for that dream house with three bedrooms, a big lawn, and safe neighborhood roads with little traffic. In East Fayetteville you’ll find a higher concentration of public elementary schools than anywhere else in the city as well as plenty of public parks and woodland that are perfect natural sanctuaries. Most homes for sale in East Fayetteville list between $600K and $700K and are found in moderately dense suburban neighborhoods with plenty of tree cover and easy access to downtown Fayetteville.
Most Walkable Fayetteville District
Downtown Fayetteville is by far the most walkable district in the city. Though we advise you to keep your car around to help you get out to the great hikes in the Boston Mountains, you’ll find that living in Downtown Fayetteville can be accomplished by your own two feet. A general rule of thumb to go by is, living in downtown Fayetteville, you’ll rarely be more than a 20-minute walk from wherever you need to go. You might think that all the housing you’ll be able to find in downtown Fayetteville would be condos, but there are more than a few single-family homes for sale in the $400K and $600K range. Condos for sale in downtown Fayetteville list for around the $200K range.
Best Fayetteville District for Young Professionals
You’re out of college, you’ve got that first well-paying job, and you’re looking to put your money in a house. In Fayetteville, the best district for first time homebuyers and young professionals is the Campus Corridor. Don’t let the name fool you, Campus Corridor is a large district but only part of it is taken up by the University of Arkansas. The rest of the district is taken up by low-density neighborhoods featuring small two-to-three bedroom, single-story homes that list between $200K and $400K. Here you’ll have that treasured peace and quiet and privacy that only people who have lived in dorms and apartments for years on end can truly appreciate. And even better, residents of the Campus Corridor are rarely more than ten minutes from downtown Fayetteville.
Schools In Fayetteville AR
The Fayetteville Public Schools system operates most of the public schools within the city of Fayetteville (including a virtual academy). Fayetteville High School was ranked as one of the South’s top 500 high schools for Advanced Placement (AP) courses and test scores by Newsweek. Schools in Fayetteville include:
Elementary Schools In Fayetteville (K-4)
- Root Elementary School
- Butterfield Elementary School
- Leverett Elementary School
- Vandergriff Elementary School
- Happy Hollow Elementary School
- Holcomb Elementary School
- Asbell Elementary School
- Washington Elementary School
- Owl Creek Elementary School (K-6)
Middle Schools In Fayetteville (5-6)
- McNair Middle School
- Holt Middle School
Junior High Schools In Fayetteville (7-8)
- Woodland Junior High
- Ramay Junior High School
High Schools In Fayetteville (9-12)
- Fayetteville High School East
- Allps School of Innovation
FAQ About Fayetteville AR Real Estate
What is the zip code for Fayetteville, Arkansas?
Zip codes in Fayetteville, Arkansas include:
What county is Fayetteville, Arkansas in?
Fayetteville, AR is in Washington County.
Where’s the nearest commercial airport to Fayetteville, Arkansas?
The Northwest Arkansas National Airport is about 25 miles or about 35 to 40 minutes from Fayetteville, AR.
How far is Springdale from Fayetteville, Arkansas?
Springdale is nine miles or about 15 to 20 minutes from Fayetteville, AR.
How far is Bentonville from Fayetteville, Arkansas?
Bentonville is 27 miles or about 35 minutes from Fayetteville, AR.
How far is Fort Smith from Fayetteville, Arkansas?
Fort Smith is 58 miles or about an hour from Fayetteville, AR.
Attractions In Fayetteville
- Walton Arts Center - Named after the Walton family, the Walton Arts Center, provides space for live performances by artists and entertainers and includes comedies, dramas, musicals, and more!
- Terra Studios - A space for artisans to get creative and art enthusiasts to admire and shop one-of-a-kind handcrafted pieces such as glass, pottery, fine art pieces, and other gifts. Terra Studios is also home to the famous Bluebirds of Happiness.
Parks In Fayetteville AR
- Botanical Gardens of the Ozarks - This beautiful lush public garden boasts nine displays of flower, plant, and tree species that flourish in the Northwest Arkansas region.
- Razorback Greenway - This 36-mile trail for walking and biking connects through several cities from Bentonville to south Fayetteville. It’s also the longest system of connected trails in Arkansas.
- Wilson Park - Known as one of the top rated parks in Fayetteville, Wilson Park offers a basketball court, green house, picnic areas, a playground, a softball field, a swimming pool, several tennis courts, a volleyball trail, and is most known for its unique castle area.
- Walker Park - One of the most popular parks in Fayetteville, Walker Park has unique features that not all parks offer. Here you’ll find a racquetball / handball courts, a skateboard park, a splash pad, and a sand volleyball court. Walker Park is also known for its baseball fields used for youth baseball.
Living In Fayetteville AR
Cost of Living
Fayetteville’s cost of living is 13.9% higher than Arkansas’ average but is still less than the national average by 7.1%. Things like groceries, healthcare, housing, and transportation are usually higher in Fayetteville, but utilities are generally lower compared to the rest of the state. The median household income in Fayetteville, AR, is $47,350.
Fayetteville Healthcare
Due to it's location as part of the Northwest Arkansas Metro area, Fayetteville AR real estate has access to top-quality healthcare, including Arkansas Children’s Northwest Arkansas in Springdale. There are two major hospitals located within Fayetteville proper.
- Washington Regional Medical Center is located on the north side.
- VA Medical Center - Fayetteville is centrally located in the city.
Weather In Fayetteville
Fayetteville, AR, is in a humid subtropical climate and experiences all four seasons. The summer is generally hot and humid, with highs averaging around 89° F in July, though temps can top out over 100° F. During the winter months, low temperatures average around 27° F in January, and the temperature may dip below 0° F.
Jobs In Fayetteville AR
The city of Fayetteville dubs itself as “The Startup City of the South,” and for a good reason. Fayetteville has been recognized multiple times for being a business-friendly city. It was ranked “Best Mid-size Cities for Doing Business” by Inc. Magazine in 2010 and “Best Places For Business And Careers” by Forbes in 2012. Though not specifically located in Fayetteville, two Fortune 500 companies are headquartered within the Northwest Arkansas Metro area where the city is located. Walmart is located in Bentonville and Tyson Foods is located in Springdale and both have a heavy influence on the Fayetteville economy. The top employers in Fayetteville, AR, include:
- University of Arkansas
- Washington Regional Medical Center
- Veterans Administration Medical
- Fayetteville School District
- Walmart
- City of Fayetteville
- Washington County Government
- APAC Central, Inc.
- Pinnacle Foods
- Tyson Foods
Transportation In Fayetteville AR
Several major roadways cut through Fayetteville real estate, making commuting and traveling around the city convenient. I-49 is the main thoroughfare and runs north and south through Fayetteville. Hwy 16 runs east and west through Fayetteville and combines with I-49 for a stretch before splitting on its own again. Route 62 comes up from the southwest which connects to Farmington and Prairie Grove. Route 71 comes up from the south, running parallel to I-49 before eventually combing on the south end of Fayetteville.
There are two public transportation services in the city of Fayetteville. Razorback Transit provides free bus rides primarily around the University of Arkansas. Ozark Regional Transit is a larger bus system that operates throughout Benton and Washington Counties.