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Fayetteville, AR Real Estate


According to census data in the year 2000 there were 25,326 housing units in Fayetteville. This represents a 34.5% growth from 18,835 in 1990.

Of those housing units, 24,466 were located in either urbanized areas or urban clusters, and 860 were located in what is classified as a rural area.

Homeownership rate in Fayetteville is about 42.1%. Fayetteville's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.22 people.

The majority of houses, apartments or condos in Fayetteville were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type2.50%
One Bedroom17.60%
Two Bedrooms35.20%
Three Bedrooms33.20%
Four Bedrooms10.10%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1979
Median Value of occupied units$100,300
Median Price asked for vacant units$93,500

Rented Homes, Apartments and Condos

Average Household Size2
Median year structure was built1983
Median Monthly Rent asked for vacant units$390

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.40%
Home Equity Loan6.10%
Simple Mortgage57.50%
Debt Free29.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.8%