Cities with the most expensive homes in the Fayetteville metro area
Cities with the most expensive homes in the Fayetteville metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Fayetteville metro area using data from . Charts show the monthly typical home value since January 2018. All 29 cities and towns with data available were included in the list.
#29. Lincoln, AR
- Typical home value: $263,932
- 1-year price change: +5.0%
- 5-year price change: +36.3%
#28. Huntsville, AR
- Typical home value: $266,264
- 1-year price change: +2.4%
- 5-year price change: +30.4%
#27. Decatur, AR
- Typical home value: $280,691
- 1-year price change: +4.2%
- 5-year price change: +39.8%
#26. Siloam Springs, AR
- Typical home value: $286,412
- 1-year price change: +2.4%
- 5-year price change: +34.9%
#25. Elkins, AR
- Typical home value: $287,867
- 1-year price change: +3.6%
- 5-year price change: +44.8%
#24. Sulphur Springs, AR
- Typical home value: $288,323
- 1-year price change: +2.7%
- 5-year price change: +34.0%
#23. Winslow, AR
- Typical home value: $294,137
- 1-year price change: +6.7%
- 5-year price change: +39.1%
#22. Wesley, AR
- Typical home value: $302,732
- 1-year price change: +9.3%
- 5-year price change: +41.0%
#21. Gentry, AR
- Typical home value: $304,415
- 1-year price change: +2.7%
- 5-year price change: +38.7%
#20. West Fork, AR
- Typical home value: $317,952
- 1-year price change: +3.6%
- 5-year price change: +38.6%
#19. Prairie Grove, AR
- Typical home value: $323,321
- 1-year price change: +4.1%
- 5-year price change: +39.9%
#18. Farmington, AR
- Typical home value: $338,753
- 1-year price change: +3.8%
- 5-year price change: +41.1%
#17. Springdale, AR
- Typical home value: $342,727
- 1-year price change: +3.9%
- 5-year price change: +42.9%
#16. Bethel Heights, AR
- Typical home value: $343,889
- 1-year price change: +2.2%
- 5-year price change: +35.8%
#15. Pea Ridge, AR
- Typical home value: $347,679
- 1-year price change: +2.5%
- 5-year price change: +43.7%
#14. Centerton, AR
- Typical home value: $350,699
- 1-year price change: -0.4%
- 5-year price change: +40.2%
#13. Johnson, AR
- Typical home value: $351,328
- 1-year price change: +3.9%
- 5-year price change: +48.6%
#12. Lowell, AR
- Typical home value: $359,402
- 1-year price change: -0.0%
- 5-year price change: +42.4%
#11. Bella Vista, AR
- Typical home value: $361,602
- 1-year price change: +1.8%
- 5-year price change: +40.0%
#10. Gravette, AR
- Typical home value: $363,035
- 1-year price change: +2.8%
- 5-year price change: +49.1%
#9. Hindsville, AR
- Typical home value: $372,661
- 1-year price change: +3.3%
- 5-year price change: +33.1%
#8. Fayetteville, AR
- Typical home value: $385,227
- 1-year price change: +4.3%
- 5-year price change: +39.6%
#7. Rogers, AR
- Typical home value: $387,696
- 1-year price change: +3.2%
- 5-year price change: +44.1%
#6. Garfield, AR
- Typical home value: $468,868
- 1-year price change: +3.2%
- 5-year price change: +42.5%
#5. Bentonville, AR
- Typical home value: $496,895
- 1-year price change: +3.3%
- 5-year price change: +51.6%
#4. Little Flock, AR
- Typical home value: $518,948
- 1-year price change: +5.8%
- 5-year price change: +46.2%
#3. Cave Springs, AR
- Typical home value: $577,321
- 1-year price change: +3.7%
- 5-year price change: +47.1%
#2. Elm Springs, AR
- Typical home value: $637,052
- 1-year price change: +4.3%
- 5-year price change: +49.0%
#1. Goshen, AR
- Typical home value: $753,387
- 1-year price change: +5.9%
- 5-year price change: +46.5%