Fayetteville, NC—28303
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 $206,000, with a year-over-year change of -2.4%. This indicates that home prices in Fayetteville, NC are decreasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $206,000 | -2.4% |
| Single Family | $207,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $142,000 | 5.2% |
3 Bed | $202,000 | -2.4% |
4 Bed | $296,000 | -1.0% |
| 5 Bed | $511,000 | -0.2% |
% 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 1.5%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is studios: $1,740, 1-bedrooms: $854, 2-bedrooms: $1,060, 3-bedrooms: $1,610, 4-bedrooms: $1,910. The most common rental property sizes in Fayetteville, NC are 2-bedroom and 3-bedroom, accounting for 43.8% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,320 |
| Studio Rent | $1,740 | $1,740 |
| 1 Bed Rent | $775 | $854 |
| 2 Bed Rent | $1,000 | $1,060 |
| 3 Bed Rent | $1,600 | $1,610 |
| 4 Bed Rent | $1,800 | $1,910 |
% 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 51. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | 2.0% |
Listing Count | 177 | 19.0% |
| Listings as % of Homes | 0.6% | 19.0% |
Days on Market | 51 | 1.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 30,200, which has increased by 2.7% over the past 5 years. Fayetteville, NC is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 29.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 30,200 | 2.7% |
% Under 18 | 22.5% | 5.1% |
% Seniors | 17.6% | 10.0% |
% WFH | 7.8% | 105.3% |
% w/ College Degree | 29.6% | 2.1% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly white area, with 39.0% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is black, making up 38.0% of the population. Foreign-born residents account for 9.3% of the population in Fayetteville, NC, and this percentage has increased by 10.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.0% | -5.1% |
% Black | 38.0% | -2.6% |
% Hispanic | 10.0% | -4.8% |
% Asian | 3.7% | -7.5% |
% Foreign Born | 9.3% | 10.7% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 655 mortgage originations in Fayetteville, NC, of which 43.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 54.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, NC. Investor activity is low, as 6.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 655 |
% Conventional Loans | 43.0% |
% Government Loans | 57.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, NC
As of 2024, the percent of homes in Fayetteville, NC under the Section 8 program is 4.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Fayetteville, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 445 |
Total Units Section 8 | 368 |
% Rentals under Section 8 | 4.8% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $305 | $775 | $1,080 |
| 2 Bedroom | $220 | $1,000 | $1,220 |
| 3 Bedroom | $50 | $1,600 | $1,650 |
| 4 Bedroom | $250 | $1,800 | $2,050 |
Affordability — Fayetteville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $206,000 |
| Median Household Income | $53,300 |