Fayetteville, NC—28314
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 $222,000, with a year-over-year change of 0.0%. 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 | $222,000 | 0.0% |
| Single Family | $225,000 | 0.4% |
| Condos | $147,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | 3.6% |
3 Bed | $212,000 | 0.0% |
4 Bed | $290,000 | 0.0% |
| 5 Bed | $372,000 | -0.5% |
% of Housing Stock
Rental Trends — Fayetteville, NC
As of July '25, Rentcast reports the average rent in Fayetteville, NC is $1,520, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is studios: $1,200, 1-bedrooms: $938, 2-bedrooms: $1,140, 3-bedrooms: $1,630, 4-bedrooms: $1,900. The most common rental property sizes in Fayetteville, NC are 2-bedroom and 3-bedroom, accounting for 42.3% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,520 | $1,520 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $900 | $938 |
| 2 Bed Rent | $1,100 | $1,140 |
| 3 Bed Rent | $1,600 | $1,630 |
| 4 Bed Rent | $1,900 | $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 53. This is a increase of 16.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $237,000 | -2.0% |
Listing Count | 303 | 9.0% |
| Listings as % of Homes | 0.8% | 9.0% |
Days on Market | 53 | 16.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 56,200, which has decreased by -3.3% over the past 5 years. Fayetteville, NC is a popular place for families, as children make up 26.6% of the population. The area has a moderately educated workforce, with 28.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,200 | -3.3% |
% Under 18 | 26.6% | 6.4% |
% Seniors | 10.7% | 20.2% |
% WFH | 6.8% | 161.5% |
% w/ College Degree | 28.4% | 9.2% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly black area, with 50.9% of the population identifying as black. The black population has grown by 8.1% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is white, making up 24.8% of the population. Foreign-born residents account for 9.4% of the population in Fayetteville, NC, and this percentage has increased by 6.8% 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 | 24.8% | -20.3% |
% Black | 50.9% | 8.1% |
% Hispanic | 16.1% | 8.8% |
% Asian | 3.5% | 9.4% |
% Foreign Born | 9.4% | 6.8% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 1242 mortgage originations in Fayetteville, NC, of which 30.0% of loans were conventional mortgages. The average loan-to-value was 84.0%, with 64.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, NC. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,242 |
% Conventional Loans | 30.0% |
% Government Loans | 70.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, NC
As of 2024, the percent of homes in Fayetteville, NC under the Section 8 program is 3.2%. 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 | 466 |
Total Units Section 8 | 402 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | 92.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $290 | $900 | $1,190 |
| 2 Bedroom | $250 | $1,100 | $1,350 |
| 3 Bedroom | $230 | $1,600 | $1,830 |
| 4 Bedroom | $370 | $1,900 | $2,270 |
Affordability — Fayetteville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $222,000 |
| Median Household Income | $60,000 |