Fayetteville, NC—28301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fayetteville, NC
As of Oct '25, the median home price in Fayetteville, NC is $140,000, with a year-over-year change of -6.2%. This indicates that home prices in Fayetteville, NC are decreasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $140,000 | -6.2% |
| Single Family | $139,000 | -6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $111,000 | -6.7% |
3 Bed | $140,000 | -6.0% |
4 Bed | $219,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fayetteville, NC
As of July '25, Rentcast reports the average rent in Fayetteville, NC is $1,320, with a year-over-year rent change of 3.9%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is studios: $1,050, 1-bedrooms: $1,060, 2-bedrooms: $1,080, 3-bedrooms: $1,540, 4-bedrooms: $1,900. The most common rental property sizes in Fayetteville, NC are 2-bedroom and 3-bedroom, accounting for 42.1% and 32.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,320 |
| Studio Rent | $999 | $1,050 |
| 1 Bed Rent | $1,120 | $1,060 |
| 2 Bed Rent | $950 | $1,080 |
| 3 Bed Rent | $1,400 | $1,540 |
| 4 Bed Rent | $1,950 | $1,900 |
% of Rental Stock
Property Listings — Fayetteville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Fayetteville, NC is 41. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $201,000 | 7.0% |
Listing Count | 96 | 17.0% |
| Listings as % of Homes | 0.6% | 17.0% |
Days on Market | 41 | -9.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 16,200, which has decreased by -7.8% over the past 5 years. Fayetteville, NC is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 17.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,200 | -7.8% |
% Under 18 | 17.9% | -20.1% |
% Seniors | 17.2% | 6.8% |
% WFH | 6.2% | 67.6% |
% w/ College Degree | 17.2% | 3.6% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly black area, with 68.8% of the population identifying as black. The black population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is white, making up 18.6% of the population. Foreign-born residents account for 3.2% of the population in Fayetteville, NC, and this percentage has decreased by 11.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 18.6% | 14.1% |
% Black | 68.8% | -7.5% |
% Hispanic | 4.6% | 21.1% |
% Asian | 0.6% | -60.0% |
% Foreign Born | 3.2% | -11.1% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 199 mortgage originations in Fayetteville, NC, of which 42.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 51.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, NC. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 199 |
% Conventional Loans | 42.0% |
% Government Loans | 58.0% |
% Investor Loans | 5.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, NC
As of 2024, the percent of homes in Fayetteville, NC under the Section 8 program is 21.2%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Fayetteville, NC, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,452 |
Total Units Section 8 | 956 |
% Rentals under Section 8 | 21.2% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$110 | $1,120 | $1,010 |
| 2 Bedroom | $220 | $950 | $1,170 |
| 3 Bedroom | $190 | $1,400 | $1,590 |
| 4 Bedroom | $30 | $1,950 | $1,980 |
Affordability — Fayetteville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $140,000 |
| Median Household Income | $37,000 |