Fayetteville Homes under $500,000

Fayetteville Homes under $500,000

Welcome to Fayetteville, Arkansas – a vibrant city that effortlessly blends Southern charm with modern living. Nestled in the picturesque Ozark Mountains, Fayetteville is known for its rich history, diverse culture, and thriving community. As the home of the University of Arkansas, the city buzzes with youthful energy, offering residents a plethora of activities, from arts and music festivals to scenic outdoor adventures.

Fayetteville boasts a charming downtown area filled with unique boutiques, delightful cafes, and local eateries that showcase the best of Arkansas cuisine. The city’s parks and trails provide ample opportunities for hiking, biking, and enjoying the stunning natural landscapes that surround it. With a strong commitment to sustainability and community engagement, Fayetteville is a place where neighbors become friends and families thrive.

For those seeking to plant roots in this enchanting city, there’s good news! Fayetteville offers an impressive selection of homes priced under $500,000, making it accessible for first-time buyers, growing families, and anyone looking to invest in a welcoming community. From cozy bungalows and modern townhouses to spacious family homes, there’s something for everyone. Many properties feature beautiful yards, proximity to parks, and easy access to local amenities.

Whether you’re drawn to the vibrant culture, the stunning natural beauty, or the friendly atmosphere, Fayetteville is a city where you can truly feel at home. Explore the diverse housing options available under $500,000 and discover why Fayetteville is not just a place to live, but a place to flourish. Your dream home awaits!

Newest Fayetteville Homes under $500,000

318 & 290 22nd Street, Fayetteville
$350,000
ARKMLS-1367267 MLS
Rare redevelopment and land-banking opportunity in fast-growing South Fayetteville! Capitalize on the ongoing neighborhood revitalization with this expansive 1.88-acre multi-parcel assembly. Comprising two single-family homes and five mobile home trailers, this offering is all about exceptional land value, future potential, and upside. While the existing structures and homes are in rough, hazardous condition—and are best considered tear-downs or major rehabilitation projects—the site is fully primed for a visionary investor or developer. Per current zoning and setup, the existing mobile homes can be replaced (though no additional units may be added). Featuring just over 1 acre of mature wooded forest providing a secluded, natural backdrop, this property sits perfectly positioned just ahead of the curve as surrounding development continues to surge. Secure your position in South Fayetteville before land values climb higher! Contact the listing agent today for complete details.

318 & 290 22nd Street, Fayetteville
4198 W Bradstreet Lane, Fayetteville
$430,000
3 Beds ⋅ 3 Baths ⋅ ARKMLS-1367251 MLS
Proven, income producing Airbnb and the ultimate game day getaway, just 8 minutes to the University of Arkansas and close to Dickson Street, Razorback Stadium and all things Fayetteville. Fully furnished and licensed as a short term rental, a rare find now that Fayetteville has capped STR licenses. Turnkey and guest ready from day one, with approx. $25,000 in furnishings available. The big ticket items are done: new roof (2023), new interior and exterior paint (2023), new flooring (2023) and HVAC (2019). Strong track record as both a short term and mid term rental, so you can choose the strategy that fits. Game days, graduations and campus events keep demand high all year. Rental performance available to qualified buyers on request. Keep it booked as an investment, save it for Razorback weekends, or do both. This one is ready for what's next.

4198 W Bradstreet Lane, Fayetteville
833 S One Mile Road, Fayetteville
$274,900
2 Beds ⋅ 3 Baths ⋅ ARKMLS-1366753 MLS
Welcome to Southern Woods! This inviting 2-bedroom, 2.5-bath home features an open-concept layout with 9-foot ceilings, oversized windows that fill the space with natural light, custom shades throughout, LVP flooring, and a spacious eat-in kitchen. Upstairs, you'll find two ensuite bedrooms with custom blackout shades, along with a conveniently located laundry area. The property includes two designated parking spaces and two bike racks, one indoors and one outdoors. Located right next to Centennial Park, you'll enjoy easy access to miles of trails, open green spaces, and paved pathways. Just minutes from restaurants, shopping, I-49, and the University of Arkansas. Refrigerator, washer, and dryer are included! New A/C compressor with warranty March 2026.

833 S One Mile Road, Fayetteville
1350 E Amber Drive, Fayetteville
$335,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1367149 MLS
Location, Location, location! This home is next to the Old Wire Rd biking/walking trail leading to popular greenway and Gulley Park. Your next home offers three bedrooms plus a dedicated office/hobby room, giving you space to work without giving up a bedroom. The bright living room features vaulted ceilings, exposed wood beams, original real wood floors and a cozy woodburning fireplace. The kitchen features sage-green cabinets, stainless steel appliances, and plenty of storage. The primary bedroom includes a vaulted ceiling, a wood beam, and a private bathroom. Enjoy your morning coffee on the covered front porch or relax in the large fenced backyard shaded by mature trees. With warm details and a useful layout, this home offers comfort and character inside and out. Most of the major remodeling is already complete, with a few finishing touches and updates left for you to make it your own. Important stats: Water heater 2026, Roof 2021, HVAC 2020, Fresh Paint Nov 2026.

1350 E Amber Drive, Fayetteville
3062 and 3064 Mica Street, Fayetteville
$449,000
ARKMLS-1366738 MLS
Spacious, 2 story duplex just off Wedington and I49, near shopping and bike trail. Unit 3062 is newly remodeled and available for viewing. 3064 is occupied and was remodeled 1 year ago and can be viewed, once a contract has been accepted. Seller reports the tenants in 3064 are excellent and pay on time. Each side of this duplex has 3 bedrooms, 2 full baths and the laundry room upstairs, with an excellent layout for privacy. One bedroom has its own ensuite and the other 2 bedrooms share a Jack N Jill bath. Downstairs is a very spacious, dine-in kitchen area, living room and half bath. A sliding glass door leads to the concrete patio in the privacy fenced back yard. There is a green space behind both units, providing shade trees and privacy. Bike trail is located 1 block away on Salem road and 2 U of A Brown Route bus stops within a short walking distance. The IAMS dog Park and Bryce Davis trail and Park are a couple of blocks away. Nearby shopping and restaurants. Live in one side and rent out the other!

3062 and 3064 Mica Street, Fayetteville
3597 Clabber Creek Boulevard, Fayetteville
$308,000
3 Beds ⋅ 3 Baths ⋅ ARKMLS-1366516 MLS
Located on a large corner lot! Prepare to fall in love with this charming 3BR, 2.5BA home perfectly located down the street from Holcomb Elementary and Clabber Creek Trail. Step inside to an inviting main level featuring soaring ceilings, elegant crown molding, a cozy fireplace, and bamboo flooring. The dining room boasts a new patio door that opens up to an oversized fenced-in yard. The kitchen features premium granite countertops, lots of cabinets for storage and laundry room. Upstairs, the private primary suite offers an exclusive covered balcony, an en-suite bath, and a walk-in closet. Two nice sized guest rooms that share a full bath. A new roof and both heaters replaced in 2021. Unbeatable Location Perks: • Neighborhood pool just steps away • Immediate trail access • Quick interstate commute Don't miss this rare, move-in-ready gem!

3597 Clabber Creek Boulevard, Fayetteville
5285 E Milo, Fayetteville
$319,900
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1366865 MLS
This well-maintained 3-bedroom, 2-bath home is located in a desirable East Fayetteville neighborhood. Inside, you’ll find an updated kitchen and comfortable living spaces. The backyard offers beautiful views of rolling pastures and mountains, providing a peaceful setting to relax and unwind. An assumable VA mortgage with a 2.7% interest rate may also be available to qualified buyers.

5285 E Milo, Fayetteville
18277 Columbine Drive, Fayetteville
$395,000
3 Beds ⋅ 4 Baths ⋅ ARKMLS-1366958 MLS
This inviting home features a spacious, open floor plan that is full of natural light. Step into the large living areas, including a dedicated dining space. Prepare meals with ease in the well appointed kitchen, complete with white cabinets and essential appliances. With multiple rooms and functional spaces, this property offers incredible versatility to meet your unique needs and lifestyle. This home has tons of potential and is a great opportunity to make it your own.

18277 Columbine Drive, Fayetteville
614 N Keats Drive, Fayetteville
$324,500
3 Beds ⋅ 3 Baths ⋅ ARKMLS-1366871 MLS
Start your Saturday with coffee on the second-story balcony, then head to the University of Arkansas for a Razorback game. This 3-bedroom, 2.5-bath home in Fayetteville’s Rupple Row pairs a distinctive Razorback red exterior and white-columned front porch with fresh interior paint and new carpet. Inside, the open layout makes the most of 1,722 sq. ft. A generous kitchen island offers room to prep dinner while guests pull up a stool, and the adjoining living room features a gas-log fireplace and built-in shelving. A private, fenced backyard gives you another spot to unwind, while HOA-maintained grounds keep lawn care simple. The attached 2-car garage is tucked behind the home with convenient alley access. Neighborhood sidewalks, nearby schools, a park and the Donald W. Reynolds Boys & Girls Club put recreation and everyday essentials close to home. Shopping and dining along Wedington are a short drive away, with easy access to I-49 for trips across Northwest Arkansas.

614 N Keats Drive, Fayetteville
115 N Hawkstone Drive, Fayetteville
$449,900
4 Beds ⋅ 2 Baths ⋅ ARKMLS-1366831 MLS
ALL-BRICK CHARM | Welcome to Brooklands, a charming West Fayetteville neighborhood where historically inspired homes, mature trees & picturesque surroundings create a truly special setting! Tucked into the hills of Fayetteville yet just moments from shopping, dining & everyday conveniences, this hidden gem offers the perfect blend of charm & location. This beautiful all-brick home features 4 bedrooms, 2 baths & 1,833 sq ft of thoughtfully designed living space. Enjoy an inviting open floor plan with wood flooring, cozy fireplace & stylish kitchen featuring granite countertops, white cabinetry, stainless appliances, farmhouse sink & striking navy island. The primary suite features a distinctive brick accent wall & spa-inspired shower with dual shower heads plus an overhead rainfall shower. Upstairs, the private 4th bedroom offers flexibility for guests, an office or bonus space. Relax on the backyard deck & enjoy the timeless appeal of Brooklands! A rare blend of cottage charm, character & convenience!

115 N Hawkstone Drive, Fayetteville
120 S Stone Bridge Road, Fayetteville
$344,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1366762 MLS
Tucked away in the heart of East Fayetteville, this newly constructed retreat delivers the rare balance of serene, tree-lined privacy and unbeatable everyday convenience. Situated just moments from the vibrant Mission and Crossover corridor, you are minutes from local dining, shopping, and trails while feeling worlds away in your own secluded haven. Step inside to an airy, light-filled open-concept layout designed for effortless living and entertaining. Large casement windows span both levels, framing peaceful views of the mature landscape and inviting the outdoors in. The thoughtfully designed interior flows seamlessly toward outdoor living, highlighted by an expansive upper-level deck—the ideal setting for morning coffee, evening relaxation, or hosting guests above your lush, oversized lot. Be sure to check out the large underground cellar accessed from inside! Tons of storage! Whether you're seeking a quiet daily escape or a modern base close to town, this exceptional new build is ready to welcome you home.

120 S Stone Bridge Road, Fayetteville
2785 E Joyce Boulevard Unit 24, Fayetteville
$285,000
2 Beds ⋅ 2 Baths ⋅ ARKMLS-1366648 MLS
A beautiful golf course view, abundant natural light, and a spacious balcony—there’s more to discover in this inviting second-level condo. The open-concept spacious living area and eat-in kitchen create a comfortable gathering space, while the split two-bedroom, two-bath layout offers separation and flexibility. Stretching along the back of the condo, the balcony provides room to enjoy morning coffee or unwind in the evenings with the golf course and treed view as your backdrop. Conveniently located just minutes from I-49, the University of Arkansas, Lake Fayetteville, Downtown Fayetteville, shopping, and local restaurants. Come explore the layout, take in the view, and see how the space feels in person!

2785 E Joyce Boulevard Unit 24, Fayetteville
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