Location: Fayetteville-Springdale-Rogers, AR | Metro: Fayetteville-Springdale-Rogers, AR MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $910 |
| 1 Bedroom | $1,010 |
| 2 Bedrooms | $1,220 |
| 3 Bedrooms | $1,690 |
| 4 Bedrooms | $2,010 |
| 5 Bedrooms | $2,332 |
| 6 Bedrooms | $2,612 |
| 7 Bedrooms | $2,821 |
| 8 Bedrooms | $2,962 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,220 | $225,442 | 0.54% | F |
| 3BR | $1,690 | $295,296 | 0.57% | F |
| 4BR | $2,010 | $449,265 | 0.45% | F |
U.S. Census Bureau data (2024)
In Gravette, Arkansas (ZIP 72736), the real estate landscape is characterized by a median home value of $361,748. This figure, combined with the observation that only 0.3% of listings have reduced their prices, suggests a stable market with strong seller pricing power. The negligible percentage of price reductions indicates that homes are generally selling at or near their asking prices, which is a positive sign for current and potential sellers. Landlords and small-portfolio investors should expect to maintain competitive rental yields given the robust home values.
The median days on market (DOM) being listed as 'N/A' typically points to either very quick sales or an insufficient sample size to calculate a meaningful average. In either case, it aligns with the notion of a seller's market where demand outstrips supply, further reinforcing the idea of sustained pricing power for the immediate future.
Moving to the rental side, the Fair Market Rent (FMR) for ZIP 72736 as of fiscal year 2024 is set at $1,090, while the current market rent, according to Census ACS data, is $998. This gap signals an opportunity for landlords to potentially increase rents, aligning them closer to the FMR without significantly impacting occupancy rates. However, it also highlights a slight underperformance of current rents relative to what is considered fair market value, suggesting a cautious approach to rental hikes to avoid tenant turnover.
For long-term investors, the appreciation thesis in Gravette appears modest but steady. With a median home value that has remained relatively stable and minimal price adjustments among listings, the expectation is for gradual growth rather than rapid appreciation. This stability supports the strategy of holding properties for rental income, with the potential for slight annual increases in both property value and rental rates.
The setup implied by the data suggests that Gravette is a market where maintaining current pricing and cautiously increasing rents can yield solid returns. For those looking to capitalize on appreciation, the trend indicates a need for patience and a focus on long-term gains rather than short-term speculative profits.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.