Is Fayetteville, AR 72704 a buyer’s or seller’s market?
Fayetteville is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 47% of U.S. ZIP codes, and #9 of 132 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fayetteville housing market right now
In the three months ending August 31, 2026, 21% of homes in Fayetteville, AR 72704 sold above their list price, the typical home went under contract in 36 days and there were 4.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 219 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold more slowly (21 days then) and the median sale price fell 3% to $382,512. Overall, Fayetteville is about as competitive as it was a year ago.
Within Washington County, homes here sell faster than in 64% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Fayetteville ranks #9 of 132 AR ZIP codes with enough sales (score 46 out of 100).
Nearby, buyers who want less competition could look at Winslow 72959 (0% sold over asking) or Summers 72769 (0% sold over asking).
Run the numbers for 72704
Nearby markets
Canehill 72717Buyer’s market $97 /sq ftFarmington 72730Seller’s market $204 /sq ftFayetteville 72701Balanced $218 /sq ftFayetteville 72703Seller’s market $240 /sq ft Browse all markets →Towns like Fayetteville nearby
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Questions about Fayetteville real estate
Is Fayetteville a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Fayetteville, AR 72704 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fayetteville?
The typical home went under contract in 36 days in the latest three months.
Do homes in Fayetteville sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.
What are property taxes in Fayetteville?
About 0.52% of a home’s value a year in Washington County, or roughly $2,080 on a $400,000 home.
What is the median home price in Fayetteville?
The median sale price was $382,512 in the three months ending August 31, 2026, about $212 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology