Fayetteville, NC—28305
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 $248,000, with a year-over-year change of -3.1%. This indicates that home prices in Fayetteville, NC are decreasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $248,000 | -3.2% |
| Single Family | $258,000 | -3.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $171,000 | -2.3% |
3 Bed | $243,000 | -2.8% |
4 Bed | $404,000 | -1.2% |
| 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 $1,400, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is 1-bedrooms: $856, 2-bedrooms: $1,230, 3-bedrooms: $1,750, 4-bedrooms: $2,150. The most common rental property sizes in Fayetteville, NC are 2-bedroom and 3-bedroom, accounting for 46.0% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $856 |
| 2 Bed Rent | $1,020 | $1,230 |
| 3 Bed Rent | $1,800 | $1,750 |
| 4 Bed Rent | $2,200 | $2,150 |
% 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 68. This is a increase of 35.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $279,000 | -11.0% |
Listing Count | 71 | 39.0% |
| Listings as % of Homes | 1.0% | 39.0% |
Days on Market | 68 | 35.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 5,990, which has increased by 5.0% over the past 5 years. Fayetteville, NC is a moderately popular place for families, as children make up 18.0% of the population. The area has a highly educated workforce, with 50.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,990 | 5.0% |
% Under 18 | 18.0% | -5.8% |
% Seniors | 24.9% | 5.5% |
% WFH | 8.7% | 74.0% |
% w/ College Degree | 50.0% | 22.5% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly white area, with 63.8% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is black, making up 19.9% of the population. Foreign-born residents account for 5.0% of the population in Fayetteville, NC, and this percentage has increased by 13.6% 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 | 63.8% | -1.2% |
% Black | 19.9% | -26.6% |
% Hispanic | 8.5% | 112.5% |
% Asian | 2.8% | 115.4% |
% Foreign Born | 5.0% | 13.6% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 135 mortgage originations in Fayetteville, NC, of which 51.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 53.0% 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. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 135 |
% Conventional Loans | 51.0% |
% Government Loans | 49.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, NC
As of 2024, the percent of homes in Fayetteville, NC under the Section 8 program is 10.8%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Fayetteville, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 146 |
Total Units Section 8 | 143 |
% Rentals under Section 8 | 10.8% |
% Occupied Section 8 | 96.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $210 | $800 | $1,010 |
| 2 Bedroom | $150 | $1,020 | $1,170 |
| 3 Bedroom | -$210 | $1,800 | $1,590 |
| 4 Bedroom | -$220 | $2,200 | $1,980 |
Affordability — Fayetteville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $248,000 |
| Median Household Income | $70,600 |