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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fayetteville Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Fayetteville Township, AR

How much do homes in Fayetteville Township, AR cost?

Median Sold Price

$379,716

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,393(+3.9%)

Key Takeaway

Homes in Fayetteville Township have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Fayetteville Township was $379,716 in October 2024, up 3.9% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K$209K
-0.5%
2 $270K$293.5K
+8.7%
3 $319.4K$321.7K
+0.7%
4 $459.8K$499.4K
+8.6%
5+ $745K$780K
+4.7%

Summary: Fayetteville Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Prairie Township
+14.0%
Fayetteville Township
+3.9%
Fayetteville
+3.8%
Johnson Township
-19.9%
Johnson
-22.1%

Housing Supply in Fayetteville Township, AR

How many homes are available in Fayetteville Township, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
580573-1.2%

Summary: The Fayetteville Township real estate market had 573 homes for sale in October 2024, a 1.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 88
0.0%
2 6166
+8.2%
3 280283
+1.1%
4 184171
-7.1%
5+ 4745
-4.3%

Summary: The Fayetteville Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
127107-15.7%

Asking Price vs. Sold Price

65 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fayetteville Township, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 107 homes were sold or pending in Fayetteville Township in October 2024, down by 15.7% month-over-month. Of the 107 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.

Days on Market for Fayetteville Township, AR

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

Average Sale Time

Oct 2023Oct 2024CHANGE
70 Days85 Days+21.2%

Summary: Homes in Fayetteville Township had an average of 85 days on market in Oct 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

65 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 107 homes were sold in Fayetteville Township; 8% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.

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

Report Updated 20 Days Ago

Newest Listings in Fayetteville Township, AR

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