Fayetteville, TN 37334 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Fayetteville, TN—37334

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$247,000

3.8% YoY Growth

Household Income

$62,300

39.4% YoY Growth

Days on Market

91

5.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$850

29.0% YoY Growth

1-Bed Rent

$670

44.2% YoY Growth

2-Bed Rent

$820

41.6% YoY Growth

3-Bed Rent

$1,400

8.8% YoY Growth

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	$247,000	3.8%
Single Family	$247,000	4.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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

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% of Rental Stock

Studio

0.2%

1 Bedroom

16.5%

2 Bedrooms

37.1%

3 Bedrooms

37.1%

4 Bedrooms

6.3%

5+ Bedrooms

2.7%

Property Listings — Fayetteville, TN

As of Dec '25, Realtor.com reports that the median days on market for a home in Fayetteville, TN is 72. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter 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	$300,000	6.0%
Listing Count	114	10.0%
Listings as % of Homes	0.7%	10.0%
Days on Market	91	-5.0%

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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%

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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%

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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%

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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

Fayetteville, TN—37334

Key Metrics at a Glance

Home Price Trends — Fayetteville, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fayetteville, TN

% of Rental Stock

Property Listings — Fayetteville, TN

Demographics — Fayetteville, TN

Race and Ethnicity

Mortgage and Risk — Fayetteville, TN

Mortgages

Rentals and Section 8 — Fayetteville, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Fayetteville, TN

Home Price to Income Ratio

Fayetteville, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Petersburg, TN

Mulberry, TN

Flintville, TN

Hazel Green, AL

Elora, TN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$247,000
Median Household Income	$62,300

Fayetteville, TN—37334

Key Metrics at a Glance

Home Price Trends — Fayetteville, TN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Fayetteville, TN

% of Rental Stock

Property Listings — Fayetteville, TN

Demographics — Fayetteville, TN

Race and Ethnicity

Mortgage and Risk — Fayetteville, TN

Mortgages

Rentals and Section 8 — Fayetteville, TN

Section 8 Market Size

Section 8 Opportunity

Affordability — Fayetteville, TN

Home Price to Income Ratio

Fayetteville, TN — ZIP Code Boundary Map

Nearby ZIP Codes

Petersburg, TN

Mulberry, TN

Flintville, TN

Hazel Green, AL

Elora, TN

Frequently Asked Questions

What is the average home price in Fayetteville, TN 37334?

How have home prices in Fayetteville, TN 37334 changed over the past year?

What is the home price projection for Fayetteville, TN 37334?

What are the demographics of Fayetteville, TN 37334?

How long does it take homes to sell in Fayetteville, TN 37334?

What is the average rent price in Fayetteville, TN 37334?