Welcome to our 72703 real estate data hub, tailored for investors in Fayetteville, AR. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 72703 in Fayetteville, AR. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WASHINGTON COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Fayetteville, AR real estate investing. Uncover the wealth of information available, and position yourself for success in the Fayetteville property market.
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Location Overview
- Zip Code: 72703
- City: Fayetteville
- State: AR
- Metro Area: Fayetteville-Springdale-Rogers, AR
- County Name: WASHINGTON COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $347,981
- Average Home Price (Single Family Homes): $361,888
- Average Monthly Rental Price (All Types): $1,519
- Price-to-Rent Ratio: 19
- Zillow Projected % appreciation from 4/2023-4/2024: 3.4%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $890
- Average 3 Bedroom Section 8 Rental Rates: $1,260
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 32.58
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 23.01
- Number of Units Offered in Section 8 in the County: 833
- Number of Occupied Units in Section 8 in the County: 798
- Percentage of Section 8 Units Occupied in the County: 95.69999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 270.65
- Total % Appreciation since 2000 (Government Data): 158.91
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.34%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.73%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 42.83%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.56%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 113.53%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 88.61%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 151.16%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.18%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 11.46%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 31.13%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 42.47%