Fayetteville, TN—37334
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Fayetteville, TN
Fayetteville, TN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $244,000 | 3.4% |
| Single Family | $244,000 | 3.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $183,000 | 4.6% |
3 Bed | $249,000 | 3.8% |
4 Bed | $355,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Fayetteville, TN
As of July '25, Rentcast reports the average rent in Fayetteville, TN is $1,150, with a year-over-year rent change of -29.0%. Per bedroom, the median rent as of July '25 in Fayetteville, TN is 1-bedrooms: $670, 2-bedrooms: $818, 3-bedrooms: $1,460. The most common rental property sizes in Fayetteville, TN are 2-bedroom and 3-bedroom, accounting for 37.1% and 37.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $670 | $670 |
| 2 Bed Rent | $820 | $818 |
| 3 Bed Rent | $1,400 | $1,460 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Fayetteville, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Fayetteville, TN is 65. This is a increase of 11.0% 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 | $325,000 | 8.0% |
Listing Count | 130 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 65 | 11.0% |
Demographics — Fayetteville, TN
As of the latest ACS Survey released in 2023, Fayetteville, TN has a population of 24,200, which has increased by 5.4% over the past 5 years. Fayetteville, TN is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 19.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,200 | 5.4% |
% Under 18 | 24.3% | 2.1% |
% Seniors | 19.4% | 1.6% |
% WFH | 6.2% | 113.8% |
% w/ College Degree | 19.0% | -6.9% |
As of the latest ACS Survey released in 2023, Fayetteville, TN is a predominantly white area, with 82.3% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Fayetteville, TN is black, making up 7.6% of the population. Foreign-born residents account for 3.3% of the population in Fayetteville, TN, and this percentage has increased by 65.0% 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 | 82.3% | -1.7% |
% Black | 7.6% | -16.5% |
% Hispanic | 4.6% | 12.2% |
% Asian | 0.5% | -16.7% |
% Foreign Born | 3.3% | 65.0% |
Mortgage and Risk — Fayetteville, TN
According to HUD data as of 2023, there were 479 mortgage originations in Fayetteville, TN, of which 63.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Fayetteville, TN. Investor activity is low, as 5.0% 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 | 479 |
% Conventional Loans | 63.0% |
% Government Loans | 37.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Fayetteville, TN
Fayetteville, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 381 |
Total Units Section 8 | 125 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $670 | $820 |
| 2 Bedroom | $100 | $820 | $920 |
| 3 Bedroom | -$130 | $1,400 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Fayetteville, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $244,000 |
| Median Household Income | $62,300 |