Mortgage payment estimates, closing cost breakdowns, and homebuying data for Fayetteville, Arkansas.
Pre-filled with Fayetteville median home price and Arkansas tax/insurance rates. Adjust for your property.
Estimated closing costs based on Arkansas rates and fees applied to Fayetteville prices.
The median home price in Fayetteville is $295,000, 51% above the Arkansas state median of $195,000. With a population of 93,949, Fayetteville is a smaller market where home prices reflect strong demand and local economic factors.
Property taxes in Arkansas average 0.62% annually. This low property tax rate is a significant advantage for Fayetteville buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Arkansas runs approximately $2,500 per year. This is within the normal range nationally.
Average rent in Fayetteville is $1,150/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Fayetteville presents moderate affordability. The $295K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.