Fayetteville, NC—28306
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 $260,000, with a year-over-year change of 0.3%. This indicates that home prices in Fayetteville, NC are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $260,000 | 0.3% |
| Single Family | $261,000 | 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 | $133,000 | -0.7% |
3 Bed | $225,000 | 0.4% |
4 Bed | $357,000 | 0.3% |
| 5 Bed | $469,000 | 2.0% |
% of Housing Stock
Rental Trends — Fayetteville, NC
As of July '25, Rentcast reports the average rent in Fayetteville, NC is $1,680, with a year-over-year rent change of 4.3%. Per bedroom, the median rent as of July '25 in Fayetteville, NC is 1-bedrooms: $862, 2-bedrooms: $994, 3-bedrooms: $1,640, 4-bedrooms: $2,060. The most common rental property sizes in Fayetteville, NC are 3-bedroom and 2-bedroom, accounting for 45.9% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,700 | $1,680 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $862 |
| 2 Bed Rent | $925 | $994 |
| 3 Bed Rent | $1,650 | $1,640 |
| 4 Bed Rent | $2,100 | $2,060 |
% 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 60. This is a increase of 8.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | 2.0% |
Listing Count | 260 | 25.0% |
| Listings as % of Homes | 0.9% | 25.0% |
Days on Market | 60 | 8.0% |
Demographics — Fayetteville, NC
As of the latest ACS Survey released in 2023, Fayetteville, NC has a population of 44,100, which has increased by 5.1% over the past 5 years. Fayetteville, NC is a popular place for families, as children make up 30.0% of the population. The area has a moderately educated workforce, with 28.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,100 | 5.1% |
% Under 18 | 30.0% | 4.9% |
% Seniors | 11.9% | 15.5% |
% WFH | 6.6% | 144.4% |
% w/ College Degree | 28.0% | 11.1% |
As of the latest ACS Survey released in 2023, Fayetteville, NC is a predominantly white area, with 44.0% of the population identifying as white. The white population has shrunk by 7.2% in the last 5 years. The second most common race or ethnicity in Fayetteville, NC is black, making up 33.6% of the population. Foreign-born residents account for 7.8% of the population in Fayetteville, NC, and this percentage has increased by 13.0% 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 | 44.0% | -7.2% |
% Black | 33.6% | 2.1% |
% Hispanic | 13.1% | 12.0% |
% Asian | 3.6% | 24.1% |
% Foreign Born | 7.8% | 13.0% |
Mortgage and Risk — Fayetteville, NC
According to HUD data as of 2023, there were 818 mortgage originations in Fayetteville, NC, of which 39.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 56.0% 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 | 818 |
% Conventional Loans | 39.0% |
% Government Loans | 61.0% |
% 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 5.4%. 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 | 462 |
Total Units Section 8 | 325 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 93.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $850 | $1,010 |
| 2 Bedroom | $245 | $925 | $1,170 |
| 3 Bedroom | -$60 | $1,650 | $1,590 |
| 4 Bedroom | -$120 | $2,100 | $1,980 |
Affordability — Fayetteville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $260,000 |
| Median Household Income | $63,200 |