A picture of a neighborhood in Fayetteville


About Fayetteville, Arkansas

Fayetteville, located in the scenic northwest corner of Arkansas, is a vibrant city known for its rich history, natural beauty, and thriving cultural scene. Nestled in the Ozark Mountains, Fayetteville offers a unique blend of outdoor adventures, a welcoming community, and a strong commitment to education. Whether you're exploring the charming downtown square, hiking in the nearby mountains, or enjoying one of the city's many festivals, Fayetteville provides an exceptional quality of life.

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Average Home Prices in Fayetteville

The average home price in Fayetteville, AR, stands at approximately $338,225.

Based on calculations of home data from MLS and/or public records.

Veteran Benefits in Arkansas

  • Arkansas Veterans Homes
    Arkansas offers multiple veterans homes that provide skilled nursing care and a variety of services. These homes are located in different cities, including Fayetteville, North Little Rock, and Hot Springs, among others. Eligibility requirements may vary, so it's essential to check the specific criteria for admission.
  • Arkansas Veteran Financial Benefits

    Arkansas provides various financial benefits to veterans, including:

    • Property Tax Exemption: Honorably discharged veterans with a VA-certified service-connected disability are eligible for a property tax exemption on their primary residence and up to one acre of land.
    • Income Tax Exemption: Military retirement pay is exempt from state income tax in Arkansas.
    • Free Tuition for Purple Heart Recipients: Purple Heart recipients can receive free tuition at any state-supported college or university in Arkansas.
  • Arkansas Veterans Employment Preference

    Arkansas provides veterans with preference in public employment, giving them an advantage when applying for state jobs.

  • Motor Vehicle Registration Fees Waived

    Disabled veterans in Arkansas may be eligible for waived motor vehicle registration fees and reduced license plate costs.

  • Arkansas National Guard Tuition Assistance Program

    The Arkansas National Guard offers tuition assistance to its members, helping them pursue higher education.

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    Living in Fayettevile, Arkansas

    Fayetteville, Arkansas, boasts a diverse range of neighborhoods, each offering its own unique character and charm. Here are 15 neighborhoods in Fayetteville to consider:

    • Downtown Fayetteville: Located in the heart of the city, downtown Fayetteville is known for its historic architecture, vibrant arts scene, and a variety of shops and restaurants.
    • Dickson Street: This lively entertainment district is home to numerous bars, live music venues, and cultural events.
    • Wilson Park: A peaceful residential neighborhood near Wilson Park, known for its tree-lined streets and proximity to the park's amenities.
    • Mount Sequoyah: Situated atop a hill, Mount Sequoyah offers stunning views of Fayetteville and a sense of serenity.
    • Southern Hills: A family-friendly neighborhood with excellent schools and parks.
    • Wedington Woods: Nestled in a wooded area, Wedington Woods provides a quiet suburban environment.
    • Prairie Grove: A historic town near Fayetteville, known for its Civil War battlefield and quaint downtown area.
    • Oakbrooke: A welcoming neighborhood with a mix of single-family homes and townhouses, ideal for families and young professionals.
    • Butterfield Trail Village: A retirement community that offers a range of amenities and a peaceful atmosphere.
    • Uptown Fayetteville: Known for its modern apartments and proximity to shopping and dining options.
    • South Creekside: A suburban neighborhood with a mix of housing options and easy access to parks and trails.
    • East Fayetteville: A diverse area with a range of housing options and a short drive to the University of Arkansas.
    • West Fayetteville: A growing neighborhood with new developments and a sense of community.
    • Stonewood: A peaceful residential area with well-maintained homes and a strong sense of community.
    • Mill District: An up-and-coming district known for its revitalization efforts, including new businesses and housing.

    Each of these neighborhoods has its own unique appeal, making Fayetteville a city with options to suit a variety of lifestyles and preferences.

    Military Bases in Arkansas

    Arkansas is home to several military installations that play a crucial role in national defense. These bases contribute to the state's commitment to the armed forces and support our nation's security. Here are some of the key military bases in Arkansas:

    • Little Rock Air Force Base: Located in Jacksonville, it's a major center for C-130 Hercules aircraft training.
    • Pine Bluff Arsenal: Situated in Pine Bluff, it serves as a chemical and biological defense resource.
    • Fort Chaffee Joint Maneuver Training Center: Near Fort Smith, it provides training and support for military units.

    Local Universities in Fayetteville

    Fayetteville is home to several reputable universities and colleges, offering diverse educational opportunities and contributing to the city's intellectual vibrancy. Here are some of the local universities in Fayetteville:

    • University of Arkansas: A flagship institution known for its strong academic programs and research contributions.
    • NorthWest Arkansas Community College (NWACC): Providing accessible education and workforce training.
    • Hendrix College: Located in nearby Conway, it's a liberal arts college known for academic excellence.
    • John Brown University: Situated in Siloam Springs, it offers a Christian-based education and a variety of undergraduate and graduate programs.
    • University of Arkansas for Medical Sciences (UAMS): A leading health sciences university with a focus on medical education and research.

    Unlocking Homeownership with VA Loans in Fayetteville

    Fayetteville, Arkansas, provides an excellent opportunity for veterans and active-duty service members to achieve homeownership. VA Loans in Fayetteville come with a range of valuable benefits that empower you to make this charming city your home:

    • No Down Payment: VA Loans eliminate the need for a substantial down payment, making homeownership more accessible.
    • Competitive Interest Rates: Enjoy competitive interest rates, reducing your overall cost of homeownership.
    • PMI Exemption: With VA Loans, you can bid farewell to private mortgage insurance (PMI), further lowering your monthly expenses.

    MHS Lending: Your Trusted Partner for Fayetteville VA Loans

    MHS Lending specializes in VA Loans in Fayetteville, delivering expertise and support that are second to none. Here's why we're the ideal choice for your VA Loan journey:

    • Personalized Guidance: Our team provides veterans with personalized assistance, ensuring you navigate the VA Loan process with confidence and clarity.
    • Maximizing Your Benefits: We're committed to helping you maximize your VA Loan benefits, from initial qualification to the final closing.
    • Seamless Home Buying: Let us simplify your home buying experience in Fayetteville, so you can focus on creating lasting memories in your new home.

    Ready to embark on your homeownership journey in the charming city of Fayetteville? MHS Lending is your trusted partner every step of the way. Get started now.

    Click here to request more information about the VA Home Loan
    Start with an Instant Prequalification.