Home Values in Fayetteville, Arkansas — 2026 Market Report
Updated March 2026 | Seller's Market | +3.4% YoY
The median home value in Fayetteville, Arkansas is $295,000 as of March 2026, which is below the national median of $400,000. Home values in Fayetteville have increased by 3.4% over the past year and 18.2% over the last five years. With a population of 93,949 and a median household income of $45,250, the price-to-income ratio stands at 6.5x, making Fayetteville affordable for the average household.
Fayetteville Housing Market Conditions
| Metric | Fayetteville | National Avg |
|---|---|---|
| Median Home Value | $295,000 | $400,000 |
| YoY Appreciation | +3.4% | +3.8% |
| 5-Year Appreciation | +18.2% | +22.4% |
| Price per Sq Ft | $71 | $222 |
| Days on Market | 47 days | 45 days |
| Months of Supply | 1.7 | 3.5 |
| List-to-Sale Ratio | 101.1% | 98.5% |
| Monthly Homes Sold | 64 | — |
| Foreclosure Rate | 0.13% | 0.3% |
Home Value Trends in Fayetteville
A homeowner who purchased at the median price of $249,577 five years ago in Fayetteville would have gained approximately $45,423 in equity, representing a 18.2% return on investment. Over the past year alone, the typical homeowner gained $9,700 in home equity.
Affordability in Fayetteville, AR
With a median household income of $45,250 and a median home price of $295,000, the price-to-income ratio in Fayetteville is 6.5x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,879 compared to estimated monthly ownership costs of $1,553 gives a rent-vs-buy ratio of 0.83. In Fayetteville, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Fayetteville
The effective property tax rate in Arkansas is 0.62%. On a home valued at $295,000, the estimated annual property tax bill is $1,829, or approximately $152/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Fayetteville is 89.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Fayetteville, AR?
The median home value in Fayetteville, Arkansas is $295,000 as of March 2026. Home values have changed +3.4% over the past year, with a 5-year appreciation of 18.2%.
Is Fayetteville a buyer's or seller's market?
Fayetteville is currently a seller's market with 1.7 months of housing supply. Homes spend an average of 47 days on market, and the list-to-sale price ratio is 101.1%. Low inventory gives sellers an advantage.
Are home values going up in Fayetteville?
Yes, home values in Fayetteville have increased by 3.4% over the past year. The 5-year appreciation rate is 18.2%, meaning a home worth $249,577 five years ago is now worth $295,000.
Is it better to rent or buy in Fayetteville?
The average monthly rent in Fayetteville is $1,879, while estimated monthly homeownership costs are approximately $1,553. The price-to-rent ratio is 13.1. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Arkansas Cities
Related Resources
Disclaimer: Home value data for Fayetteville, Arkansas is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.