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Sensors are used to monitor various parameters in many real-world applications. Sudden changes in the underlying patterns of the sensors readings may represent events of interest. Therefore, event detection, an important temporal version of outlier detection, is one of the primary motivating applications in sensor networks. This work describes the implementation of a real-time outlier detection that uses an Autoencoder-LSTM neural-network accelerator implemented on the Xilinx PYNQ-Z1 development board. The implemented accelerator consists of a fine-tuned Autoencoder to extract the latent features in sensor data followed by a Long short-term memory (LSTM) network to predict the next step and detect outliers in real-time. The implemented design achieves 2.06 ms minimum latency and 85.9 GOp/s maximum throughput. The low latency and 0.25 W power consumption of the Autoencoder-LSTM outlier detector makes it suitable for resource-constrained computing platforms.