Fayetteville, NC Home Values & Market Trends

Real estate market trends reflect that there have been 5,209 transactions over the past year in Fayetteville. The median value for residential home transactions that occurred over the previous year is $198,126.01. The number of current listings in Fayetteville is 835, and the percentage of properties for sale in the city is 835.00%. Fayetteville, NC currently has 97 properties in foreclosure, 7 bank owned properties, 35 properties headed for auction, and 835 properties for sale.

Fayetteville, NC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
28314

$ 213,156

$ 134/sqft

28303

$ 235,000

$ 140/sqft

28304

$ 195,125

$ 134/sqft

28301

$ 157,335

$ 133/sqft

28306

$ 279,467

$ 141/sqft

28312

$ 329,800

$ 143/sqft

28311

$ 254,900

$ 142/sqft

28305

$ 289,900

$ 164/sqft

Housing Market Summary for Fayetteville, NC

Apr 2023March 2024Change
Median Listing Price$220.7K$198.8K-9.96%
Median Sold Price$187.2K$198.8K6.15%
Homes For Sale71180112.66%
Homes Sold2,5321,969-22.24%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Fayetteville, NC

Fayetteville home values range from $11,030 to $3,963,032. The median estimated value of a home in Fayetteville is $198,126.01. The median list price of a home is 235,000, and the total count of properties in the city is 76,404.

Foreclosure
There are 8 zips within Fayetteville, NC; within these zips, the median estimated home value for homes in foreclosure ranges from $170,000 in 28301 to the lowest value of $34,858 in 28301. Foreclosure homes account for 0.00% of properties in Fayetteville, NC with 28304 containing 18 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.07% of all residential properties in Fayetteville, NC with 28304 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 8 zips within Fayetteville, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $385,206 in 28312 to the lowest home value of $34,858 in 28301.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Fayetteville, NC ranges from the highest value of $147,000 in 28311 to the lowest value of $66,160 in 28306. Bank owned homes and properties account for 0.01% of properties in Fayetteville, NC. There are 8 zips within Fayetteville, NC; 28301 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    28303 has 8 auction properties, the highest number of properties going to auction in a single zip in the state of Fayetteville, NC. Auction homes and other auction properties account for 0.05% of all properties in Fayetteville, NC. There are 8 zips within Fayetteville, NC; of those zips, the median estimated home value for homes going to auction ranges from $430,581 in 28311 to the lowest value of $73,060 in 28311.
Homes for Sale
Homes and properties that are actively listed for sale account for 1.09% of residential properties in Fayetteville, NC with 28314 containing 158 homes for sale, the highest number of listed properties in a single zip. There are 8 zips within Fayetteville, NC; homes for sale in those zips, have a range of median values from $920,000 in 28304 to the lowest value of $19,945 in 28301.
    Sold Homes
    The median value for recently sold homes ranges from $586,284 in 28312 to the lowest price of $22,141 in 28312. There are 8 zips within Fayetteville, NC. 28314 has 424 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.70% of properties in Fayetteville, NC.

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      Guide for Fayetteville, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Market Reports
      Surging Property Values, Sales in Syracuse Real Estate Market Signal Potent Seller’s Era For Early 2024
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Surging Property Values, Sales in Syracuse Real Estate Market Signal Potent Seller’s Era For Early 2024
      Market Reports|posted 4 April 2024

      The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.