Fayetteville Homes under $500,000

Fayetteville Homes under $500,000

Welcome to Fayetteville, Arkansas—a vibrant city nestled in the heart of Washington County, where Southern charm meets modern living. Known for its rich history, stunning natural landscapes, and a thriving arts scene, Fayetteville is a place that offers something for everyone. Whether you're an outdoor enthusiast eager to explore the Ozark National Forest or a culture lover interested in the local galleries and music festivals, Fayetteville has it all.

One of the most appealing aspects of Fayetteville is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you can find an array of charming residences that cater to various lifestyles and family sizes. From cozy bungalows and contemporary townhouses to spacious family homes, the options are as diverse as the community itself. This affordability allows first-time homebuyers, families, and investors to find their perfect slice of Fayetteville without breaking the bank.

Living in Fayetteville means enjoying a blend of urban convenience and rural tranquility. The city boasts excellent schools, parks, and recreational facilities, along with a bustling downtown area filled with local shops, cafes, and eateries. Plus, with the University of Arkansas right in the heart of the city, there’s always something happening—be it a football game, a concert, or a farmers’ market.

If you’re looking for a welcoming community with a strong sense of pride and a commitment to quality living, Fayetteville is the perfect place to call home. Explore the homes available under $500,000 today and discover your dream property in this enchanting city!

Newest Fayetteville Homes under $500,000

939 E Oaks Manor Drive, Fayetteville
$385,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1364256 MLS
Fully renovated and move-in ready in Fayetteville's Oakland Hills. This 1968 brick home sits on a private, oak-shaded 0.35-acre lot with 3 bedrooms, 2 full baths, an upstairs bonus room and a library/study in 2,110 sq ft. The 2026 renovation adds new LVP flooring, bedroom carpet, fresh interior paint, new fixtures and ceiling fans throughout, and a redesigned wood-burning-capable fireplace (chimney capped). The eat-in kitchen has new stainless appliances; the fridge conveys. The hall bath has a granite double vanity, and the primary bath offers a walk-in shower with a new shower pan and glass door. Peace of mind: 2026 gas water heater, gas lines replaced (2024 and 2026), encapsulated crawl space, back and south-side French drains plus a 2025 drainage weir, and a 2017 architectural shingle roof with oversized gutters. A privacy-fenced backyard adds an 80 sq ft powered storage building. Walk to Gulley Park, zoned for Butterfield Trail Elementary, near Harps, Whole Foods, Washington Regional and I-49. No POA.

939 E Oaks Manor Drive, Fayetteville
1524 W Cato Springs Road, Fayetteville
$299,999
2 Beds ⋅ 2 Baths ⋅ ARKMLS-1364737 MLS
Enjoy a convenient Fayetteville location in this 2-bedroom, 1.5-bath townhome built in 2023! Located near the University of Arkansas and Baum-Walker Stadium, with easy access to I-49, this home offers 788 square feet across two levels. Interior features include granite countertops, ceramic tile and laminate flooring, and washer/dryer connections. A concrete driveway provides off-street parking, while nearby trails offer another way to enjoy the surrounding area. A great opportunity to own a newer home close to campus, Razorback baseball, and everyday conveniences. Schedule your showing today! All furniture and appliances included. Move In ready! Lender Credit With First Colony Mortgage up to $3,000.

1524 W Cato Springs Road, Fayetteville
2362 N Hidden Creek Drive, Fayetteville
$433,000
3 Beds ⋅ 3 Baths ⋅ ARKMLS-1364658 MLS
All dressed up and ready for its next chapter! This beauty in the established Clabber Creek subdivision has been refreshed from top to bottom and is ready for its new owners. Enjoy peace of mind w/ new flooring throughout, New HVAC, Fresh Paint, updated fixtures, a new hot water heater, and new landscaping. The thoughtful floor plan features a main-level primary suite, additional bedrooms upstairs, and a huge bonus room that could easily serve as a fourth bedroom. Need a home office or an elegant space to entertain? The formal dining room at the front of the home offers the perfect flex space. Outside, enjoy an inviting covered front patio with porch swing, level backyard with no homes directly behind you, backing up to Hold Middle School. The location is hard to beat, with easy access to the Razorback Greenway, just down the street from the new Underwood Park, and a short drive to Centennial Park, shopping, and restaurants. Beautifully primed for its next owners- this one is ready to welcome you home!

2362 N Hidden Creek Drive, Fayetteville
3227 N Kings Cross, Fayetteville
$499,999
5 Beds ⋅ 4 Baths ⋅ ARKMLS-1363851 MLS
Tucked away at the end of a peaceful cul-de-sac, this distinctive Fayetteville home offers character, flexibility, and a setting you’ll love coming home to. From the stone and wood exterior accents to the private backyard, every space has a warm, welcoming feel. Inside, the versatile floor plan features 5 bedrooms and 3.5 baths, including two bedrooms that offer the flexibility of primary-suite options. The updated kitchen is designed for gathering, with an open flow into the sunken living room that creates a comfortable hub for everyday life. Step outside to the patio and enjoy a private backdrop that’s ideal for morning coffee, weekend entertaining, or unwinding at the end of the day. Conveniently located just a mile from Fayetteville schools and minutes from the Niokaska Creek Trail, this home combines timeless charm with an easy, active lifestyle. New water heater and carpets 2026. New floors in 2023. Rainbird wifi ready irrigation system in front and backyard. Beautiful community pool and pavilion.

3227 N Kings Cross, Fayetteville
6179 Milliken Bend, Fayetteville
$268,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1364638 MLS
Well maintained, single story townhome offering fantastic value and major system upgrades in a convenient Fayetteville location! Seller is offering up to a $7,500 credit to use for closing costs, rate buy downs, or upgrades along with a $1,000 home warranty with any acceptable offer. This 3 bedroom, 2 bathroom home features low maintenance solid surface flooring throughout the kitchen, living room and high traffic areas. The open layout kitchen features granite countertops and a full appliance package including a NEW dishwasher, refrigerator and microwave. Enjoy peace of mind with two major big ticket mechanical updates already taken care of, including a BRAND NEW ROOF (June 2026) and an AC unit that was replaced in 2021. Washer & Dryer are also included with this home. The primary suite boasts a tray ceiling, double vanities, and dual walk-in closets. Located only a 15 minute drive to the university and downtown. Home is priced below recent appraisal and ready for its new owner! Subject to court approval.

6179 Milliken Bend, Fayetteville
1249 N Heritage Avenue, Fayetteville
$264,500
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1364551 MLS
Move-in-ready on mature, oak-lined street, convenient to I49 and the U of A! Nice curb appeal with a side-entry 2-car garage. Brand-new carpet in the bedrooms. New interior paint. Brand-new roof! New HVAC in 2024. New water heater in 2026. Beautiful Acacia hardwood flooring in the living room and hall. Large primary bedroom with a large walk-in closet. Dining room. Galley-style kitchen with pantry. Great outdoor living with a partially covered deck for relaxing and BBQing! Privacy-fenced backyard is ready for your furry family members. 2.5 miles from I49, 4.4 miles to the U of A. Truly a great place to call home!

1249 N Heritage Avenue, Fayetteville
3640 Mountain View Drive, Fayetteville
$372,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1364609 MLS
Welcome to 3640 W Mountain View Drive! Designed for effortless living, this turn-key Fayetteville home features a fantastic cook’s kitchen with a massive island, granite countertops, and abundant storage. The open-concept layout flows into a spacious living room centered around a cozy gas-log fireplace. Step outside to an impressive outdoor haven featuring a huge patio and a large, fully fenced backyard—ideal for entertaining. Unique extras include an interior safe room, a whirlpool tub, and classic neutral finishes. Enjoy community pool and playground access, plus quick proximity to local schools, shopping, and dining. Schedule your private showing today!

3640 Mountain View Drive, Fayetteville
1810 S Custer Lane, Fayetteville
$445,000
4 Beds ⋅ 2 Baths ⋅ ARKMLS-1364514 MLS
TURNKEY SHORT-TERM RENTAL INVESTMENT! Renovated, fully furnished, and fully equipped 4-bedroom STR, licensed to sleep 8 and ready to generate income from day one! This established Type 2 STR includes an active license, established Airbnb account with Superhost status, and the business infrastructure already in place. Enjoy the advantage of an established operation with proven property performance rather than starting from scratch. Furnishings, décor, housewares, and operational essentials convey, making this a truly turnkey opportunity. Parking is a breeze with 5-car driveway parking plus unlimited free street parking. Whether you're an experienced STR investor expanding your portfolio or a first-time investor looking for a ready-to-go opportunity, this property offers the rare combination of a renovated home, established STR business, licensing, and existing hosting infrastructure. Buy the property. Step into the business. Start hosting!

1810 S Custer Lane, Fayetteville
278 S Slopeside Drive, Fayetteville
$264,000
2 Beds ⋅ 3 Baths ⋅ ARKMLS-1364450 MLS
Conveniently located near I-49 and the University of Arkansas, this modern 2-bedroom, 2.5-bath townhouse offers low-maintenance living in a prime Fayetteville location. Features include an open-concept main level, stainless steel appliances, spacious kitchen island, deck off the kitchen, large primary walk-in closet, modern finishes, and an attached 2-car garage. Just minutes from campus, shopping, dining, entertainment, and downtown Fayetteville. Move-in ready and ideally located, come see for yourself!

278 S Slopeside Drive, Fayetteville
4811 W Croft Drive, Fayetteville
$319,000
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1364451 MLS
Come discover this lovely 3-bedroom, 2-bath home in the Villages of Sloanbrooke! With an acceptable offer, the seller is offering a $5,000 buyer credit that can be applied toward closing costs, an interest rate buy-down, or other allowable expenses. Conveniently located just minutes from shopping, dining, walking and biking trails, I-49, the U of A, Centennial Mountain Bike Park, and so much more. The kitchen features stainless steel appliances, granite countertops, a gas cooktop, and a large pantry. In the living room, a brick fireplace with a raised hearth and gas logs creates a warm and inviting focal point. The fully fenced backyard offers an extended patio, providing plenty of space for outdoor gatherings and entertaining. The home is also plumbed for central vacuum, and the garage is wired for an EV charger.

4811 W Croft Drive, Fayetteville
4506 Flagstick Drive, Fayetteville
$450,000
5 Beds ⋅ 3 Baths ⋅ ARKMLS-1364264 MLS
A true five-bedroom, three-full-bath home in Cross Keys subdivision with an all-brick-and-stone exterior and a three-car garage! Conveniently located near the U of A and Fayetteville’s shopping, dining, and amenities. This home offers soaring ceilings, generous living spaces, and abundant natural light. Formal living and dining rooms showcase large windows and 8-inch crown molding, while a gas-log fireplace adds warmth to the living room. The kitchen features new quarts countertops and features double ovens. Unwind in the spacious primary suite with a Jacuzzi tub, separate walk-in shower, double-sink vanity, and large walk-in closet. Outside, enjoy a shaded, private, fully fenced backyard with a patio ideal for relaxing or entertaining. Neighborhood sidewalks add to this welcoming Fayetteville setting.

4506 Flagstick Drive, Fayetteville
3611 E Blue Stone Drive, Fayetteville
$484,999
3 Beds ⋅ 2 Baths ⋅ ARKMLS-1364416 MLS
Enjoy Copper Creek living with access to a community pool, fishing pond and a multi-sport court for tennis, pickleball and basketball. This single-level, 3-bedroom, 2-bath brick home sits on a corner lot with a circular driveway. Fresh interior paint, 10-foot ceilings and large windows create a bright, welcoming interior. The open living area flows into a kitchen with custom cabinetry, stainless steel appliances, a large pantry and eat-in dining. Every bedroom has a walk-in closet. The primary suite offers tray ceilings and a bath with dual vanities, a soaking tub and a walk-in shower. Spend evenings on the covered back patio beside the outdoor fireplace, overlooking a fully fenced backyard. An oversized two-car garage, keyless entry, laundry room off the kitchen and additional storage make daily living easy. Nearby Lake Fayetteville trails, the Botanical Garden of the Ozarks and Lashley Park offer even more ways to enjoy the outdoors.

3611 E Blue Stone Drive, Fayetteville
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