With only 2.0 months of inventory, Fayetteville remains a seller's market. Home prices have increased 10.4% in the past month alone. With 2.0 months of supply, Fayetteville's inventory levels remain relatively tight. Homes are taking about 29 days to sell, which is 7 days longer than this time last year. A significant 35.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 15.8% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Fayetteville market with the affordability index at 21.7. Based on current market indicators, home prices in Fayetteville are projected to decrease by approximately 5.2% over the next month.
Fayetteville, AR has a total population of 93,147 residents. The area is predominantly White (74.3%), The African American population is 5.4%. The area shows moderate demographic diversity. With a mid-sized population, Fayetteville, AR provides a good balance of community feel and urban amenities.
Crime analysis for Fayetteville, AR shows 870 total incidents across all categories. The most prevalent crime type is Property Crime (54.8% of all incidents). This is followed by Assault at 38.6%. The crime rate in Fayetteville, AR is moderate, with violent crimes being more common than property crimes. Residents and visitors should remain aware of their surroundings and take appropriate safety precautions.
Market predictions for Fayetteville, AR show an upward trend in home prices, with values increasing by 9.8%. This indicates a moderate but notable price trend. The current median home price in Fayetteville, AR is approximately $403,862.656. Based on current trends, home prices in Fayetteville, AR are expected to continue appreciating, making it an attractive market for sellers and long-term investors.
Fayetteville, AR features 2 investment hotspots with varying levels of activity. The average nightly rate of $126 suggests an affordable market for travelers. Guest satisfaction is good with an average rating of 4.0/5. With an average hotspot score of 0.79, these areas show good investment opportunities. The area features 25 hotels, offering limited but growing accommodation options.
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