Fayetteville Homes under $500,000

Fayetteville Homes under $500,000

Welcome to Fayetteville, Arkansas – a vibrant city that perfectly blends Southern charm with modern amenities. Nestled in the picturesque Ozark Mountains, Fayetteville is renowned for its rich history, lush landscapes, and a lively arts and culture scene. As the home of the University of Arkansas, the city boasts a youthful energy, with a diverse population and a plethora of activities that cater to all lifestyles.

Fayetteville is not just a picturesque destination; it’s also an ideal place to call home, especially for those seeking affordable housing options. With an impressive selection of homes under $500,000, you’ll find a variety of styles and designs that suit every taste. Whether you’re looking for a cozy bungalow, a contemporary townhouse, or a spacious family home, Fayetteville offers something for everyone.

The real estate market here is thriving, making it a great time to invest in your dream home. Enjoy the benefits of living in a city that values community, with access to top-rated schools, beautiful parks, and an array of dining and shopping options. Explore the bustling downtown area, where local boutiques and restaurants invite you to savor the flavors of Fayetteville.

With its affordable housing market and a welcoming atmosphere, Fayetteville is not just a place to live; it’s a place to thrive. Discover your perfect home in this charming city and experience all that Fayetteville has to offer!

Newest Fayetteville Homes under $500,000

556 E Mimosa Lane, Fayetteville
$249,000
2 Beds ⋅ 1 Baths ⋅ ARKMLS-1363988 MLS
Well-located 2-bedroom, 1-bath home tucked away in a cul-de-sac in Fayetteville. Inside, you’ll find a comfortable layout with a practical kitchen, dining area, living area, and two bedrooms, freshly painted about a year ago and featuring an A/C system that is less than a year old. The kitchen and bath feature ceramic wall tile, while a 50-amp exterior outlet provides convenient electric vehicle charging. Step outside to enjoy the backyard, offering space to relax, garden, or enjoy the outdoors. Conveniently located near the University of Arkansas, Wilson Park, Dickson Street, and downtown Fayetteville, with shopping, dining, parks, and entertainment all within easy reach. A convenient Fayetteville location, thoughtful updates, and a cul-de-sac setting make this one worth a look!

556 E Mimosa Lane, Fayetteville
4245 Meadow Creek Circle Unit 102, Fayetteville
$295,000
2 Beds ⋅ 2 Baths ⋅ ARKMLS-1364122 MLS
Beautifully remodeled, ground floor Condominium in amazing location! Nothing has been left untouched; from windows and floors, to cabinets and doors, this home has premium custom finishes and is one of a kind (see list of all updates). Take advantage of condo living by leaving the maintenance and exterior upkeep to someone else, giving you with more time to enjoy all that NWA has to offer. Conveniently located near shopping, dining, parks, trails, medical facilities, entertainment, and the University of Arkansas, this property provides easy access to many of NWA's most desirable destinations. The Reserves has a Resort Style Pool with Sundeck, 24-hour Health and Fitness facilities, Outdoor Grilling Pavilion, Dog Park, meeting area, game room, and car wash with vacuum. Garages are also available for lease. So, whether you're looking for a primary residence, a game-day getaway, or investment opportunity, this condo combines high end finishes, comfortability, and a convenient location. Schedule your showing today!

4245 Meadow Creek Circle Unit 102, Fayetteville
16176 Walnut Trace, Fayetteville
$489,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363623 MLS
True country homestead living in a friendly cul-de-sac! Custom design by a local architect on 2.5± wooded acres in Wedington Woods. Stone fireplace rises to the cathedral ceiling, mezzanine catwalk, skylights, ¾" hickory floors & a Lopi wood stove. Main-level primary suite w/ sunrise views & fully redone bath: tile, dark walnut shiplap, glass walk-in shower, bidet. 2 beds + 1 bath upstairs, plus 341 sf finished walkout basement w/ French doors to patio that can be used for an office, exercise or hobby room. New Frigidaire refrigerator & induction range w/ transferable 5 year warranties. Big items done: metal roof, 2 new furnaces/HVAC, new plumbing mains, electrical updates, 2026 siding w/ Hardie board, new insulation, LED lighting. 30x30 shop w/ own drive, tall roll-up door, 200-amp panel, RV hookup & wood stove. Stone & cedar woodshed, chicken coop, fruit trees, wet-weather creek & waterfall. Utilities onsite at potential additional build site. Farmington schools.

16176 Walnut Trace, Fayetteville
4360 E Balboa Street, Fayetteville
$394,900
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363845 MLS
This beautifully maintained 3-bedroom, 2-bath home nestled in The Hamptons Subdivision is ready for its next owner. The welcoming living room features a cozy fireplace, while the eat-in kitchen offers granite countertops and ample space for everyday dining. The split floor plan provides a functional and comfortable layout. Outside, the backyard features a garden area, and the hot tub conveys with the property. Thoughtfully cared for inside and out, this home offers an inviting combination of comfort and convenience.

4360 E Balboa Street, Fayetteville
4418 & 4420 W Franciscan Trail, Fayetteville
$350,000
ARKMLS-1364073 MLS
Excellent investment opportunity in West Fayetteville! Freshly remodeled duplex with brick exterior (2 bedrooms, 1.5 bathrooms, 1 car garage per side). Brand new flooring, paint, refinished cabinets, counter tops, and new lighting & plumbing fixtures throughout. Brand new kitchen appliances including Refrigerators. Washer/dryer hookups. Unit 4420 has newer Heat & Air units. Unit 4418 has a newer hot water heater w/expansion tank. New Roof 2025. Conveniently located just under 2 miles from I-49 and only 3 miles to the UofA. Close to bus routes, trails, schools, shopping, restaurants, and all amenities Fayetteville. Showings only after accepted contract to minimize disrupting tenants.

4418 & 4420 W Franciscan Trail, Fayetteville
4439 W Divide Drive, Fayetteville
$337,900
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363977 MLS
Welcome to 4439 W Divide Drive . . . this all brick, 3-bed, 2-bath one story home sits on a corner lot in a quiet subdivision. Located on the west side of Fayetteville, just south of Wedington & less than 4 miles to University of Arkansas & Fayetteville High School. The split floorplan features a kitchen open to the living room, primary suite at the back of the house and two bedrooms at the front of the house. A gas burning fireplace is at the heart of the living room. Kitchen features granite countertops, stainless steel appliances, kitchen island, gas burning stove & a pantry. The dining space leads directly to the covered patio with a fully fenced private backyard with no neighbors behind. Primary suite features a dual vanity, soaking tub, walk in shower & walk in closet. Close to Centennial Bike Park & less than 3 miles to I-49 at Wedington.

4439 W Divide Drive, Fayetteville
3750 W Somerville Lane, Fayetteville
$342,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363971 MLS
Come enjoy the charming life in The Brooklands. From the moment you arrive, you'll fall in love with this sweet, distinctive neighborhood and its storybook-inspired architecture. It truly feels like a little hidden gem in the heart of Fayetteville. Just a few steps from Centennial Park and just down the road from Kessler Mountain, you'll have easy access to walking and biking trails. The Razorback Greenway is practically in your backyard as well. Add in convenient access to schools, restaurant, shopping and I-49 and The University of Arkansas and the location is hard to beat. This lovingly cared-for one-owner home is ready to welcome its next chapter. Maintenance free living with lawncare included all on one level. Easy living at its finest with lawncare, community swimming pool, playground, fishing pond and neighborhood trails. Come see why life in The Brooklands is something special ..

3750 W Somerville Lane, Fayetteville
551 S Calico Avenue, Fayetteville
$416,476
4 Beds ⋅ 2 Baths ⋅ ARKMLS-1364025 MLS
This 2150 square foot home features 4 bedrooms and 2 bathrooms. The main living area includes a large living room that flows seamlessly into a modern kitchen and dining area, creating the perfect space for entertaining guests. With its thoughtful design and practical amenities, this home is perfect for those seeking a comfortable living space. *Taxes subject to change based on new construction.*

551 S Calico Avenue, Fayetteville
1616 S Tallgrass Drive, Fayetteville
$255,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363890 MLS
Some Fixin' Needed...in this cute 3 bedroom, 2 bath cottage. There's a BiG back yard with a detached "she-shed" or workshop. Roof is appx 5 years old. Engineered hardwood floors in LR/DR. Breakfast bar and large pantry. Laundry Room w/ additional cabinets. Needs new carpet and fresh paint but priced to sell. To be sold 'as is.'

1616 S Tallgrass Drive, Fayetteville
3067 S Saline Alley, Fayetteville
$270,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363562 MLS
Just 10 minutes from the University of Arkansas! This beautiful 2-year-old home in Riverside Village offers 3 bedrooms, 2 bathrooms and open-concept living, dining and kitchen area. The kitchen features granite countertops, flush bar top, soft-close hinges, pull-out faucet and appliances, including refrigerator and built-in microwave. Luxury vinyl plank flooring extends throughout living areas, hallways and wet areas. Primary suite includes a walk-in closet and walk-in shower, while additional two bedrooms share a guest bathroom with a combination tub/shower. Enjoy the covered back patio and privacy-fenced backyard, perfect for relaxing. The front porch overlooks neighborhood green space, trail, and wooded area. POA takes care of mowing the front yard. Rear-entry garage, gutters and utility with washer and dryer included. Conveniently located near Hwy-16, trails, parks and more, with easy access to all Fayetteville has to offer. Security cameras, Nest thermostat, Ring doorbell and MyQ garage door opener all convey.

3067 S Saline Alley, Fayetteville
550 N Salem Road, Fayetteville
$415,000
3 Beds ⋅ 3 Baths ⋅ ARKMLS-1363648 MLS
Easy living just minutes from UofA campus and on the Razorback Transit route. This Forest Hills home offers 3 bedrooms, 2.5 baths, backs up to green space and has been meticulously maintained. The open main level features engineered wood and a living room with exposed brick walls and gas log fireplace. The warm kitchen boasts brick backsplash, a large island, beautiful white cabinets, pot filler, and gas range. The kitchen opens to a private, oversized fenced- in patio with a large concrete area for entertaining. The main-level owner's suite includes dual sinks, a tiled walk-in shower, and a walk-in closet. A half bath and oversized laundry room complete the first floor. Upstairs are two bedrooms and a large bath with double sinks. You will also love the large walk-in attic space for storage. Enjoy included lawn care and snow removal, plus a community pool. Approx. 6 min to U of A, 11 min to Dickson Street/downtown Fayetteville, 12 min to Washington Regional, and 22 min to XNA.

550 N Salem Road, Fayetteville
18397 Astor Drive, Fayetteville
$460,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1363831 MLS
Welcome home to the serene neighborhood of Legacy Estates in East Fayetteville. This well-appointed home offers a split floor plan on the first floor while a spacious bonus room is located upstairs and can easily double as a 4th bedroom. Enjoy your morning coffee peering from your covered patio, overlooking the expansive pasture that rolls on for days...though it's been said that the sunsets are also to die for. The home is situated on over .40 acres and includes several upgrades such as crown molding, tall baseboards, custom vent hood, gas cooktop, black granite countertops and ample driveway with three car garage to name just a few. With so much outdoor space, you will be left to decide whether to dine al fresco or enjoy a comfy meal in the thoughtful & bright indoor dining area. Everyone in the family is sure to find their favorite nook within. Comfort & luxury at your fingertips. *Open house this Sunday, October 4, 1:00 PM - 3:00 PM with formal, private viewings to begin as of October 9th.*

18397 Astor Drive, Fayetteville
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