NC · Metro #109

Fayetteville - NC housing market

The Fayetteville metro has a typical home value of $257,381, up 0.6% from a year ago. Homes sell in 24 days on average - a balanced market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$257,381
+0.6% vs. year ago
Median sale price
$253,918
+0.8% YoY
Median list price
$282,333
Sale-to-list ratio
98.1%
Selling below ask
Days on market
24d
Listings w/ price cut
25.7%
New listings / mo
629
+1.1% YoY
Homes for sale
2,000
+14.2% YoY
Typical rent
$1,488/mo
+3.4% YoY
Context

How to read this data

The typical home value ($257,381) 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 0.6% over the past year. In Fayetteville - NC, that means a home worth $255,846 last year is now worth roughly $257,381.

The median sale price , what homes actually close for , is $253,918. Homes are selling at 98.1% of list price, meaning buyers have room to negotiate.

Homes listed in Fayetteville - NC sit on the market for roughly 24 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 629 new listings hit the market each month in Fayetteville - NC. There are currently 2,000 homes for sale, up 14.2% from a year ago.

The typical monthly rent in Fayetteville - NC is $1,488, up 3.4% year over year. For investors, the price-to-rent ratio here is roughly 14x 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$388,846 -0.5% 23.0d
Raleigh - NC$438,344 -2.3% 20.0d
Greensboro - NC$264,302 +1.2% 21.0d
Winston - NC$281,131 +2.8% 19.0d
Durham - NC$411,727 -1.7% 17.0d
Asheville - NC$425,516 -3.8% 58.0d
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