NC · Metro #109

Fayetteville - NC housing market

The Fayetteville metro has a typical home value of $259,183, up 0.6% from a year ago. Homes sell in 20 days on average - a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$259,183
+0.6% vs. year ago
Median sale price
$255,814
-0.1% YoY
Median list price
$287,333
Sale-to-list ratio
98.1%
Selling below ask
Days on market
20d
Listings w/ price cut
26.9%
New listings / mo
718
+0.6% YoY
Homes for sale
2,121
+12.2% YoY
Typical rent
$1,481/mo
+3.3% YoY
Context

How to read this data

The typical home value ($259,183) 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 $257,637 last year is now worth roughly $259,183.

The median sale price , what homes actually close for , is $255,814. 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 20 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 718 new listings hit the market each month in Fayetteville - NC. There are currently 2,121 homes for sale, up 12.2% from a year ago.

The typical monthly rent in Fayetteville - NC is $1,481, up 3.3% 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$390,321 -0.4% 20.0d
Raleigh - NC$438,364 -2.2% 16.0d
Greensboro - NC$266,370 +1.5% 16.0d
Winston - NC$283,871 +2.8% 14.0d
Durham - NC$414,340 -1.9% 14.0d
Asheville - NC$428,742 -3.6% 37.0d
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