The housing market in Fayetteville, AR (zip code 72704) is currently quite favorable. The median value of a house in the area is $310,800, lower than the US house median value of $338,100. However, this difference is made up for by the larger appreciation rate in Fayetteville: 16.21%, compared to 8.27% nationally. This suggests that housing in Fayetteville can be an attractive investment for many homebuyers and investors alike.
The median home cost in Fayetteville (zip 72704) is $310,800. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Fayetteville (zip 72704) is up 23.4%.
Average Age of Homes
- The median age of Fayetteville (zip 72704) real estate is 18 years old
The Rental Market in Fayetteville (zip 72704)
- Renters make up 36.3% of the Fayetteville (zip 72704) population
- 2.0% of houses and apartments in Fayetteville (zip 72704), 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.