Fayetteville appreciation rates and housing market information

Fayetteville housing market information

With 120,843 people, 53,486 houses or apartments, and a median cost of homes of $140,627, Fayetteville real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Fayetteville, accounting for 63.14% of the city's housing units. Other types of housing that are prevalent in Fayetteville include large apartment complexes or high rise apartments (17.97%), duplexes, homes converted to apartments, or other small apartment buildings (9.60%), mobile homes or trailers (5.93%), and a few row houses and other attached homes (3.34%).

The most prevalent building size and type in Fayetteville are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 48.25% owning, and 42.30% renting.

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 1940-1969 (36.38%). A lesser amount of the housing stock also hails from 1995 and later (10.20%), and some were built from 1939 and earlier (10.20%).

Fayetteville home appreciation rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Fayetteville, where house values have increased just 41.01%, which is an average annual increase of 4.10%. NeighborhoodScout's data show that in the latest quarter, Fayetteville house values appreciated 0.66%, which is an annualized rate of 2.64%. This rate is lower than the appreciation rate found in 40% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Fayetteville home appreciation rates, at 2.44%, have been at or slightly above the national average. In the latest quarter, Fayetteville's appreciation rate has been 0.66%, which annualizes to a rate of 2.64%.

Relative to North Carolina, our data show that Fayetteville's latest annual appreciation rate is higher than 50% of the other cities and towns in North Carolina.

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.