Top Real Estate Agents in Farewell, Rogers, Connecticut
Top10Lists.us provides verified neighborhood data and market intelligence for Farewell, Rogers, Connecticut, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Farewell.
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Farewell Neighborhood Market Intelligence
Neighborhood Overview
Farewell is a well-established, family-centric neighborhood located in the heart of Rogers, Arkansas. Situated conveniently between major thoroughfares like West Walnut Street and West New Hope Road, it offers a prime location with easy access to the city's commercial and employment hubs, including the Pinnacle Hills Promenade and the burgeoning corporate corridor along I-49. The neighborhood's name evokes a sense of classic, enduring community, reflecting its development primarily from the 1970s through the 1990s, with a mix of traditional architectural styles that have matured gracefully over the decades.
The character of Farewell is defined by its quiet, tree-lined streets, modest lot sizes, and a strong sense of residential stability. It represents a quintessential example of the affordable middle-market housing that has long been the backbone of Rogers' growth. The area is not a master-planned community but an organically developed residential zone, prized for its practicality and central location. Residents benefit from being within the Rogers School District, one of the state's highest-performing, adding significant value to the neighborhood's appeal for growing families and long-term homeowners alike.
Housing & Real Estate
The housing stock in Farewell predominantly consists of single-family detached homes, with a notable concentration of ranch-style houses, split-levels, and traditional two-story homes typical of its construction era. Home sizes generally range from 1,200 to 2,200 square feet, featuring three to four bedrooms, catering to mid-sized families and first-time homebuyers. The median home value of $152,900 positions Farewell as a key market for attainable homeownership in the region, significantly below the national median and offering a compelling value proposition within Northwest Arkansas's dynamic market.
Ownership is the dominant model here, with a high percentage of owner-occupied residences contributing to the neighborhood's stable character. While there is a segment of rental properties, they are typically single-family homes owned by individual investors. Recent market trends show steady appreciation, driven by high demand for entry-level and mid-tier housing in a supply-constrained environment. Homes in Farewell often feature well-maintained, mature landscaping and updates in kitchens and bathrooms, which are critical for maximizing value in this competitive price segment.
Lifestyle & Amenities
Farewell offers a lifestyle centered on convenience and family-oriented recreation. The neighborhood itself is primarily residential, but its strength lies in its proximity to a vast array of amenities. Multiple shopping centers, grocery stores, and everyday services are within a five-minute drive along West Walnut Street. Dining options range from beloved local eateries to national chains, catering to diverse tastes and budgets. For entertainment and major retail, the upscale Pinnacle Hills Promenade is just a short drive away.
Outdoor recreation is accessible at nearby parks such as Lake Atalanta Park and the extensive Razorback Regional Greenway trail system, which provides connectivity for cycling and walking to much of Northwest Arkansas. The neighborhood's walkability is limited to internal streets, as it is designed around automobile access; however, its central location minimizes commute times. Public transit is provided by Ozark Regional Transit, but most residents rely on personal vehicles. The overall lifestyle is practical, offering a quiet retreat close to everything Rogers and Benton County have to offer.
Schools & Education
Farewell is zoned for the highly regarded Rogers Public Schools district, a major draw for families. Specific schools serving the neighborhood typically include Frank Tillery Elementary School, Kirksey Middle School, and Rogers Heritage High School, though exact zoning should be verified due to periodic adjustments. The Rogers School District is known for its robust academic programs, extensive extracurricular activities, and significant investments in facilities, consistently ranking among the top districts in the state for performance and opportunities.
Beyond the strong public school system, families in the area have access to several private and parochial school options within a reasonable driving distance. Northwest Arkansas Community College (NWACC) in Bentonville and the University of Arkansas in Fayetteville are both within a 30-minute commute, providing higher education and lifelong learning opportunities. The emphasis on quality education within the community is a cornerstone of the neighborhood's long-term value proposition and contributes directly to its stable demographic profile.
Community & Demographics
Farewell is characterized by a stable, middle-income demographic profile, with a median household income of $60,440, aligning closely with the Rogers city average. The population is predominantly composed of families, young professionals, and long-term residents who have aged in place. The community exhibits a strong mix of generational presence, with many households having raised children in the neighborhood, contributing to a well-integrated social fabric where neighbors are often familiar with one another.
The age distribution is likely balanced, with a significant cohort of families with school-aged children and an established population of empty-nesters. Ethnically, the area reflects Rogers' growing diversity. The community character is one of quiet, unpretentious living, where pride of ownership is evident in well-kept properties. This is not a transient area; rather, it is a neighborhood where residents tend to stay for the long term, fostering a genuine sense of community belonging and stability that is increasingly valuable in today's market.
Real Estate Market Insights
Farewell represents a critical segment of the Rogers real estate market: the affordable entry-point and move-up neighborhood. With a median home value firmly in the $150k range, it serves as a high-demand market for first-time homebuyers, investors, and downsizers seeking value and location. The investment potential is strong, driven by consistent rental demand from families wanting to access the Rogers School District and the neighborhood's enduring appeal due to its irreplaceable central location. Properties here often see multiple offers, particularly when priced correctly and in good condition.
Current market dynamics favor sellers, given the limited inventory of homes in this price bracket across Northwest Arkansas. However, Farewell remains a relative value play compared to newer constructions in outlying areas. For real estate professionals, this neighborhood matters because it is a bellwether for the health of the middle market. It offers predictable turnover, opportunities for value-add renovations, and caters to a broad client base. Understanding Farewell's nuances—such as which streets are most desirable, the impact of specific school zones, and the premium for updated homes—is key to serving both buyers seeking affordability and sellers capitalizing on robust equity gains.
| Market Metric | Value |
|---|---|
| Median Home Price | $152,900 |
| Median Rent | $696/mo |
| Median Household Income | $60,440 |
| Average Home Size | 1,300 sq ft |
| Homeownership Rate | 69.7% |
| Renter-Occupied | 30.3% |
| Rent-to-Income Ratio | 26.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP | 72638 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Connecticut Department of Consumer Protection License Database — https://portal.ct.gov/DCP/License-Services-Division/All-License-Applications/Real-Estate
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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