TL;DR: Fayetteville's median home value is $349,600 as of July 1, 2025, per the U.S. Census Bureau.
Healthcare Infrastructure Near UAMS Northwest
The Department of Veterans Affairs operates a VA Fayetteville Arkansas Health Care facility at 1100 North College Avenue within the Evelyn Hills Shopping Center, Fayetteville, AR 72703 (OpenStreetMap, checked Aug 2026). This facility serves a critical function for the local veteran population, providing essential care services. Nearby, the UAMS Northwest Regional Campus at 1125 N. College Ave., Fayetteville, AR 72703, was established in 2008 and serves roughly 350 medical, pharmacy, nursing and health-professions students with 80 medical and pharmacy residents and 13 clinics across Northwest Arkansas (Wikipedia, 'UAMS Northwest' article, checked Aug 2026).
For a veteran or military-retiree buyer, proximity to these facilities may be a practical consideration for convenience and accessibility. Discover Fayetteville, Arkansas for more on the surrounding area.
Fayetteville Housing Market Overview
The population of Fayetteville, Arkansas, was estimated at 106,623 as of July 1, 2025, according to the U.S. Census Bureau Vintage 2025 population estimate, checked Aug 2026. This figure provides the demographic foundation for the local real estate landscape. For those seeking properties in this area, featured listings offer a direct view of current inventory. The market presents specific financial metrics for prospective owners. The median home value in Fayetteville is $349,600, as reported by the U.S. Census Bureau QuickFacts, 2020-2024 ACS, checked Aug 2026. This figure represents the midpoint of the market, indicating that half of the homes sold above this price and half sold below it. Additionally, the median monthly owner costs with a mortgage are $1,776, also from the U.S. Census Bureau QuickFacts, 2020-2024 ACS, checked Aug 2026. These figures establish the baseline financial reality for purchasing a residence in the city.
These statistics offer a concrete picture of the entry point for homeownership in Northwest Arkansas. The median home value and associated monthly costs provide a clear benchmark for budgeting. Buyers and sellers can use these figures to gauge the current state of the market without relying on speculative trends. The data reflects the current standing of the housing sector in the region.
Fayetteville Property Tax Credits and Rates
Understanding the fiscal obligations for a property near the VA Medical Center requires attention to the specific millage rates applied by Washington County. For the 2025 tax year, the Fayetteville/Fayetteville taxing district (district #11) carries a combined rate of 57.1 mills, according to the Washington County Assessor 2025 Millage Rate Table, checked Aug 2026. This figure represents the total levy applied to the taxable assessed value of a home in this taxing district. While the base rate is set by the district, Washington County offers an Amendment 79 homestead property-tax credit of up to $675 on a primary residence, as noted by the Washington County Assessor, checked Aug 2026. This credit directly reduces the amount of tax owed by a homeowner who occupies the property as their principal dwelling.
For veterans and buyers evaluating the long-term cost of ownership, the interplay between the millage rate and the homestead credit is critical. The 57.1-mill rate determines the gross liability before any applicable credits are applied. If a buyer qualifies for the full credit, the actual tax burden is lowered by the $675 amount. This reduction can significantly impact the monthly cash flow for a homeowner. If you are considering selling a property in this area, you should be prepared to discuss these specific tax implications with a qualified advisor. We invite you to list your home with us to ensure you fully understand the financial landscape of your transaction.
Property Assessment Rules in Fayetteville
Arkansas assesses real property at 20% of appraised market value under Amendment 79 to the Arkansas Constitution, a statewide rule that applies in Fayetteville (Washington County Assessor, checked Aug 2026). This statutory framework dictates that the taxable value of a home is fixed at one-fifth of its market appraisal, rather than the full market price. For a seller, this means the assessed value serves as the baseline for calculating property taxes, which are then collected by the Washington County Collector's office located at 280 N College Ave, Ste 202, Fayetteville, AR 72701, phone (479) 444-1526 (washingtoncountyar.gov, checked Aug 2026). Buyers should therefore prioritize the appraised market value when budgeting for the total cost of ownership, understanding that the initial tax bill will be calculated against the lower 20% figure.
The distinction between market value and assessed value is critical for veterans navigating the local market. While the market value reflects what a buyer pays to acquire the property, the assessed value determines the annual tax liability. Consequently, a property may command a higher sales price than its assessed value, yet the tax bill will remain tethered to the lower statutory percentage. This assessment method applies uniformly across the county, ensuring that tax obligations are predictable based on the property's appraisal. Veterans reviewing a property's tax history should verify the appraised market value to accurately estimate long-term holding costs, using the Washington County Collector's office as the definitive source for these figures.
What a Listing Agent's Commission Actually Covers
For veteran and military-retiree buyers who are also selling a home elsewhere as part of a relocation, it helps to understand what a listing agent's commission is paying for. Commission rates are negotiable between a seller and their agent -- there is no fixed or standard percentage required by law. In exchange for that fee, a listing agent typically handles pricing strategy based on comparable sales, professional marketing and photography, coordinating showings, negotiating offers, and managing the paperwork and timeline through closing.
Some sellers choose a flat-fee or reduced-commission listing arrangement instead of a traditional percentage-based fee, particularly when they have a clear sense of their local market or are selling a straightforward property. Whichever structure a seller chooses, it is worth asking a prospective agent directly what services are included for the fee quoted, and comparing that against what a full-service listing typically covers, before signing a listing agreement.
Working With Mason Capital Group in Fayetteville
Navigating the specific requirements of the VA loan program requires a firm with deep experience in the local market. Mason Capital Group has maintained 30+ years in Northwest Arkansas, providing the stability and institutional knowledge necessary to guide veteran home buyers Fayetteville Arkansas through the transaction process. Our team understands the nuances of securing financing through the Department of Veterans Affairs and can help you identify properties that meet the necessary appraisal standards.
We are located at 609 SW 8th Street, 6th Floor, Bentonville, AR 72712, and can be reached at 479-925-3333. With $2.4B+ in cumulative transaction activity, we have the resources and market access to identify opportunities that align with your service and financial goals. Contact us to discuss how we can assist you in finding a property that honors your service and secures your future. Current inventory is on our featured listings page.
What is the population of Fayetteville, AR?
Fayetteville, Arkansas's population was estimated at 106,623 as of July 1, 2025, according to the U.S. Census Bureau Vintage 2025 population estimate.
How much is the median home value in Fayetteville?
The median home value in Fayetteville is $349,600, as reported by the U.S. Census Bureau QuickFacts for the 2020-2024 ACS.
What is the property tax rate in the Fayetteville taxing district?
For the 2025 tax year, the Fayetteville/Fayetteville taxing district (district #11) carries a combined rate of 57.1 mills, per the Washington County Assessor 2025 Millage Rate Table.
How does the homestead credit work in Washington County?
Washington County offers an Amendment 79 homestead property-tax credit of up to $675 on a primary residence, according to the Washington County Assessor.
What is the address for the Washington County Collector's office?
The Washington County Collector's office is located at 280 N College Ave, Ste 202, Fayetteville, AR 72701, with a phone number of (479) 444-1526, as listed on washingtoncountyar.gov.