Why Live in Downtown Fayetteville
Downtown Fayetteville, located in Fayetteville, Arkansas, is a vibrant neighborhood known for its rich history and diverse attractions. The area is home to the University of Arkansas and the Walton Arts Center, contributing to a lively arts and music scene. Housing in Downtown Fayetteville primarily consists of apartments, with Greek Revival homes and a mix of historic and new constructions also present. Entertainment options abound, including a retro arcade, a 17-stop ale trail featuring local brews, and the Botanical Garden of the Ozarks with its guided tours and themed gardens. The Arkansas Air and Military Museum, housed in a historic wooden hangar, showcases aircraft that are still flight-capable. The Walton Arts Center offers year-round Broadway productions and musical performances. The Fayetteville Roots Festival, held every August, celebrates the region's music and food with multiple stages and food trucks in a four-block downtown area. Wilson Park, a 23-acre green space, features the locally famous "Castle" sculpture, providing unique views and photo opportunities. The neighborhood is safer than the national average, making it a practical choice for families and professionals alike. The University of Arkansas is a major employer, and the area also has strong sectors in health care and manufacturing. Commuting is generally quicker than the national average, with a notable percentage of residents carpooling. Downtown Fayetteville offers a variety of shopping, dining, and entertainment options, making it an appealing place to live.
Home Trends in Downtown Fayetteville, AR
On average, homes in Downtown Fayetteville, Fayetteville sell after 59 days on the market compared to the national average of 52 days. The median sale price for homes in Downtown Fayetteville, Fayetteville over the last 12 months is $427,950, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$427,950
Median Single Family Sale Price
$463,950
Median Townhouse Sale Price
$425,000
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$279,000
Average Price Per Sq Ft
$266
Number of Homes for Sale
205
Last 12 months Home Sales
516
Median List Price
$469,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%