Fayetteville, NC—28312
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 $266,000, with a year-over-year change of 0.5%. This indicates that home prices in Fayetteville, NC are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $266,000 | 0.5% |
| Single Family | $266,000 | 0.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $138,000 | -2.1% |
3 Bed | $229,000 | 0.9% |
4 Bed | $360,000 | 0.6% |
| 5 Bed | $439,000 | 0.0% |
% of Housing Stock
Rental Trends — Fayetteville, NC
As of July '25, Rentcast reports the average rent in Fayetteville, NC is $1,360, with a year-over-year rent change of -20.5%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is studios: $850, 1-bedrooms: $830, 2-bedrooms: $1,070, 3-bedrooms: $1,320, 4-bedrooms: $2,160. The most common rental property sizes in Fayetteville, NC are 3-bedroom and 2-bedroom, accounting for 49.2% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,360 |
| Studio Rent | $700 | $850 |
| 1 Bed Rent | $745 | $830 |
| 2 Bed Rent | $1,100 | $1,070 |
| 3 Bed Rent | $1,250 | $1,320 |
| 4 Bed Rent | $2,200 | $2,160 |
% 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 84. This is a increase of 76.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $344,000 | -4.0% |
Listing Count | 152 | 37.0% |
| Listings as % of Homes | 0.9% | 37.0% |
Days on Market | 84 | 76.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 19,900, which has increased by 3.6% over the past 5 years. Fayetteville, NC is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 26.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,900 | 3.6% |
% Under 18 | 22.6% | -2.6% |
% Seniors | 18.4% | 8.2% |
% WFH | 7.4% | 68.2% |
% w/ College Degree | 26.8% | 27.6% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly white area, with 55.2% of the population identifying as white. The white population has shrunk by 4.8% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is black, making up 29.4% of the population. Foreign-born residents account for 3.7% of the population in Fayetteville, NC, and this percentage has decreased by 33.9% 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 | 55.2% | -4.8% |
% Black | 29.4% | 2.8% |
% Hispanic | 7.6% | -8.4% |
% Asian | 0.1% | -90.0% |
% Foreign Born | 3.7% | -33.9% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 407 mortgage originations in Fayetteville, NC, of which 47.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, NC. Investor activity is low, as 1.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 407 |
% Conventional Loans | 47.0% |
% Government Loans | 53.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, NC
As of 2024, the percent of homes in Fayetteville, NC under the Section 8 program is 4.0%. 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 | 69 |
Total Units Section 8 | 69 |
% Rentals under Section 8 | 4.0% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $265 | $745 | $1,010 |
| 2 Bedroom | $70 | $1,100 | $1,170 |
| 3 Bedroom | $340 | $1,250 | $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 | 3.6 |
| Median Home Price | $266,000 |
| Median Household Income | $66,400 |