Is Fayetteville, AR a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Fayetteville is a seller's market


Difference Since May 2022

Since last year, Fayetteville has remained a Seller's Market.

Key Takeaway

Fayetteville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fayetteville, AR cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Fayetteville have sold for 15.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $179K$190K
2 $225K$249.7K
3 $269.9K$313.5K
4 $398.4K$445K
5+ $643K$550K

Median Sold Price Compared To Nearby Cities

Johnson Township
Prairie Township
Fayetteville Township

How many homes are available in Fayetteville, AR?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 65
2 3143
3 230204
4 157160
5+ 5348

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

56 Homes Were Sold
Under Asking

57 Homes Were Sold
At Asking

34 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fayetteville, expect to pay close to the asking price. 38.8% of homes here sold near the asking price last month.

How long does it take to sell a home in Fayetteville, AR?

How long does it take to sell a home in Fayetteville, AR?

Average Sale Time

May 2022May 2023%
57 Days96 Days+67.2%

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

54 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fayetteville has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Fayetteville, AR?

About Fayetteville, AR

There are 460 homes are for sale in Fayetteville, AR real estate market. The inventory of homes for sale in Fayetteville, AR between April 2023 and May 2023 decreased by 3.6%. While the average time on the market in May 2023 was 96 days, the median list price was $354,923. This housing market listing prices have changed between April 2023 and May 2023: prices of 1 bedroom properties went up by 6.1%, the cost of 2 bedrooms properties went up by 11%, the cost of 3 bedrooms properties went up by 16.2%, the cost of 4 bedrooms properties went up by 11.7%, the cost of 5 bedrooms properties went down by 14.5%. This housing market inventory have changed: volume of 1 bedroom homes went down by 16.7%, 2 bedrooms homes inventory increased by 38.7%, 3 bedrooms homes became 11.3% less available, the quantity of 4 bedrooms homes went up by 1.9%, the quantity of 5 bedrooms homes went down by 9.4%. In May 2023, from all listings sold in Fayetteville, AR there were more than 34 sold above asking price, over 56 sold below and more than 57 were sold right at the asked price.