Fayetteville appreciation rates and housing market information

Fayetteville housing market information

With a population of 11,281, 4,642 total housing units (homes and apartments), and a median house value of $225,152, Fayetteville real estate is some of the most expensive in Georgia, although Fayetteville home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Fayetteville, accounting for 69.37% of the city's housing units. Other types of housing that are prevalent in Fayetteville include large apartment complexes or high rise apartments (14.56%), row houses and other attached homes (9.33%), and a few duplexes, homes converted to apartments, or other small apartment buildings (6.12%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Fayetteville. Owner-occupied housing accounts for 67.08% of Fayetteville's homes, and 60.19% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fayetteville built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Fayetteville built from 1995 and later (33.24%). A lesser amount of the housing stock also hails from 1940-1969 (7.82%), and some were built from 1939 and earlier (7.82%).

Fayetteville home appreciation rates

Fayetteville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Fayetteville during the period has been just 5.95%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Fayetteville home appreciation rates, at -0.38%, have been at or slightly above the national average. In the latest quarter, Fayetteville's appreciation rate has been 2.08%, which annualizes to a rate of 8.32%.

Importantly, this makes Fayetteville one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Georgia, our data show that Fayetteville's latest annual appreciation rate is higher than 27% of the other cities and towns in Georgia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Fayetteville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Fayetteville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Fayetteville real estate investment or home purchase decisions.