Commercial Real Estate Market in Fayetteville, AR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
469 active listings and 3,363 off-market properties in Fayetteville, AR. Commercial property asks $196/SF to buy and $22.00/SF/Yr to lease.
Market Trends
Fayetteville, AR spans 330.2 square miles in Washington County, Arkansas. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Fayetteville, AR asks $25.77/SF/Yr to lease; the median asking sale price is $417/SF (based on 9 listings). Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Typical asking range for active listings in Fayetteville, AR (the middle half): Lease $18.00–$27.00/SF/Yr (median $22.00/SF/Yr, 169 listings); Sale $370–$506/SF (median $417/SF, 9 listings).
Retail
Retail space in Fayetteville, AR asks $23.16/SF/Yr to lease; the median asking sale price is $327/SF (based on 9 listings). Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Typical asking range for active listings in Fayetteville, AR (the middle half): Lease $20.00–$25.00/SF/Yr (median $22.00/SF/Yr, 91 listings); Sale $185–$480/SF (median $327/SF, 9 listings).
Industrial
Industrial space in Fayetteville, AR has a median asking sale price of $213/SF (based on 3 listings). Vacancy runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Typical asking range for active listings in Fayetteville, AR (the middle half): Lease $12.00–$21.00/SF/Yr (median $14.00/SF/Yr, 26 listings).
Multifamily
Multifamily space in Fayetteville, AR has a median asking sale price of $189/SF. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Typical asking range for active listings in Fayetteville, AR (the middle half): Sale $165–$212/SF (median $189/SF, 71 listings).
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 57.8%
- Civic 18.5%
- Mixed use 7.1%
- Commercial 6.4%
- Industrial 6.1%
- Planned_development 4.1%
- Open space 0%
Largest Zones share of zoned land by district
Fayetteville, AR zones 32,172 acres across 36 districts. Commercial zoning covers 6.4% of zoned land, residential 57.8%, open space 0% and industrial 6.1%. The largest single district is Residential Single Family Four Units Per Acre at 27.4%. For commercial buyers the practical constraint is that only 12.5% of land carries a commercial or industrial designation.
The RSF-4 Residential District is designed to permit and encourage the development of low density detached dwellings in suitable environments, as well as to protect existing development of these types.
Market overview
Demographics & Economy
Fayetteville, AR has 183,591 residents in 76,155 households. Density runs 556 people per square mile. Median household income here is $64,468 and median gross rent $1,019 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Farmington | $153 | $32.25 |
| Springdale | $167 | $17.00 |
Commercial property in Fayetteville, AR asks $196/SF. The 2 bordering markets run from $153/SF in Farmington to $167/SF in Springdale, and the city sits above their $160/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Fayetteville?
How much does it cost to lease commercial space in Fayetteville?
How does Fayetteville compare to nearby markets on price?
What zoning applies to commercial property in Fayetteville?
Where does Realmo's Fayetteville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 122 active for-sale and 347 active for-lease listings in Fayetteville, AR. The medians are based on 91 of the for-sale and 303 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 32,172 zoned acres across 36 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue