The third largest city in the state, and the county seat of Washington County is the wonderful city of Fayetteville, Arkansas. Fayetteville is located in the heart of the county and is home to the University of Arkansas. Once known as Washington, Fayetteville was renamed after the city in Tennessee, receiving its new name in 1829. This remarkable community was incorporated in 1836 then rechartered in 1867, and today serves as home to around 75,000 residents.
Because Fayetteville is home to the state’s largest university, when classes are in session at the University of Arkansas, the city’s demographics radically change. When there are football, basketball and baseball games, thousands of Arkansas Razorbacks fans and alumni come to Fayetteville, which is great for local business. Perhaps that is why Fayetteville made Forbes list of the best cities for business in 2010. The recognition by Forbes hasn’t been Fayetteville’s only claim to fame, it was also ranked the 3rd best place to live and one of the best places to retire by U.S. News.
This remarkable city is nestled in the Boston Mountains which are part of The Ozarks that run through eastern Oklahoma, southern Missouri and northwest Arkansas. Composed of 55.2 square miles, 1.4 of which are water, Fayetteville is found in the heart of Washington County along Interstate 45/U.S. Highway 71. Fayetteville falls within the borders of Fayetteville Township and is unofficially divided into several districts including Uptown Fayetteville, West Fayetteville, the University of Arkansas, Wilson Park Historic District, Mount Nord Historic District, and the Fayetteville Historic Square. If you would like to buy a home in any one of these wonderful neighborhoods, you’ll be pleased to discover the median listing price for a home in Fayetteville is around $225,000 and the median closing price is only $179,000.
For more information regarding homes for sale in Fayetteville, Arkansas, please do not hesitate to contact us today.