The housing market in the Fayetteville-Springdale-Rogers, AR Metro Area is booming. The median value of a house in this area is $313,400, which is slightly below the national median of $338,100. However, house appreciation has been higher than average in this area over the past year with an appreciation rate of 13.99%, compared to the US average of 8.27%. This means that those who have invested in property here are likely to see a significant increase in their home's value over time. As such, this metro area makes an attractive option for potential homeowners and investors alike.
The median home cost in Fayetteville-Springdale-Rogers Metro Area is $313,400. Home appreciation the last 10 years has been 124.4%. Home Appreciation in Fayetteville-Springdale-Rogers Metro Area is up 23.4%.
Average Age of Homes
- The median age of Fayetteville-Springdale-Rogers Metro Area real estate is 25 years old
The Rental Market in Fayetteville-Springdale-Rogers Metro Area
- Renters make up 33.0% of the Fayetteville-Springdale-Rogers Metro Area population
- 1.8% of houses and apartments in Fayetteville-Springdale-Rogers Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.