NC · Metro #109

Fayetteville - NC housing market

The Fayetteville metro has a typical home value of $259,738, up 0.4% from a year ago. Homes sell in 20 days on average, a balanced market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$259,738
+0.4% vs. year ago
Median sale price
$253,612
-1.2% YoY
Median list price
$291,667
Sale-to-list ratio
98.5%
Selling below ask
Days on market
20d
Listings w/ price cut
27.8%
New listings / mo
719
-1.9% YoY
Homes for sale
2,198
+9.7% YoY
Typical rent
$1,475/mo
+3.4% YoY
Context

How to read this data

The typical home value ($259,738) is the Zillow Home Value Index for the Fayetteville - NC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 0.4% over the past year. In Fayetteville - NC, that means a home worth $258,703 last year is now worth roughly $259,738.

The median sale price , what homes actually close for , is $253,612. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in Fayetteville - NC sit on the market for roughly 20 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 719 new listings hit the market each month in Fayetteville - NC. There are currently 2,198 homes for sale, up 9.7% from a year ago.

The typical monthly rent in Fayetteville - NC is $1,475, up 3.4% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in NC

MetroHome value1-yr changeDays on market
Charlotte - NC$390,942 -0.4% 23.0d
Raleigh - NC$438,138 -2.1% 19.0d
Greensboro - NC$266,965 +1.5% 17.0d
Winston - NC$284,988 +2.6% 16.0d
Durham - NC$415,643 -2.1% 18.0d
Asheville - NC$430,056 -3.5% 42.0d
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