Fayetteville, NC—28311
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 $236,000, with a year-over-year change of -0.9%. This indicates that home prices in Fayetteville, NC are flat. According to Zillow, the 1-year price projection is 3.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $236,000 | -0.9% |
| Single Family | $237,000 | -0.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $144,000 | 0.7% |
3 Bed | $209,000 | -1.4% |
4 Bed | $333,000 | 0.6% |
| 5 Bed | $446,000 | 0.7% |
% of Housing Stock
Rental Trends — Fayetteville, NC
As of July '25, Rentcast reports the average rent in Fayetteville, NC is $1,500, with a year-over-year rent change of 4.2%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is 1-bedrooms: $982, 2-bedrooms: $1,190, 3-bedrooms: $1,600, 4-bedrooms: $2,300. The most common rental property sizes in Fayetteville, NC are 2-bedroom and 3-bedroom, accounting for 40.4% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,500 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $950 | $982 |
| 2 Bed Rent | $1,110 | $1,190 |
| 3 Bed Rent | $1,580 | $1,600 |
| 4 Bed Rent | $2,300 | $2,300 |
% 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 58. This is a increase of 17.0% 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 | $315,000 | -10.0% |
Listing Count | 240 | 9.0% |
| Listings as % of Homes | 0.9% | 9.0% |
Days on Market | 58 | 17.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 35,900, which has remained stable by 0.8% over the past 5 years. Fayetteville, NC is a popular place for families, as children make up 26.3% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,900 | 0.8% |
% Under 18 | 26.3% | 9.1% |
% Seniors | 13.1% | 9.2% |
% WFH | 8.1% | 161.3% |
% w/ College Degree | 33.7% | 3.1% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly black area, with 43.5% of the population identifying as black. The black population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is white, making up 37.8% of the population. Foreign-born residents account for 6.8% of the population in Fayetteville, NC, and this percentage has increased by 1.5% 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 | 37.8% | -5.0% |
% Black | 43.5% | 2.1% |
% Hispanic | 9.2% | -9.8% |
% Asian | 2.6% | 30.0% |
% Foreign Born | 6.8% | 1.5% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 613 mortgage originations in Fayetteville, NC, of which 35.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 57.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, NC. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 613 |
% Conventional Loans | 35.0% |
% Government Loans | 65.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, NC
As of 2024, the percent of homes in Fayetteville, NC under the Section 8 program is 5.1%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Fayetteville, NC, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 442 |
Total Units Section 8 | 359 |
% Rentals under Section 8 | 5.1% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $130 | $950 | $1,080 |
| 2 Bedroom | $120 | $1,110 | $1,230 |
| 3 Bedroom | $80 | $1,580 | $1,660 |
| 4 Bedroom | -$230 | $2,300 | $2,070 |
Affordability — Fayetteville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $236,000 |
| Median Household Income | $60,000 |