Fayetteville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Fayetteville Neighborhoods Since 2000




Fayetteville, GA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Fayetteville Housing Market Information

With a population of 16,990, 6,167 total housing units (homes and apartments), and a median house value of $240,982, 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 73.99% of the city's housing units. Other types of housing that are prevalent in Fayetteville include large apartment complexes or high rise apartments ( 13.99%), row houses and other attached homes ( 7.98%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.67%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Fayetteville. Owner-occupied housing accounts for 70.32% of Fayetteville's homes, and 55.95% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Fayetteville built from 1970 to 1999 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 between 2000 and later ( 31.47%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.21%). There's also some housing in Fayetteville built before 1939 ( 1.06%).

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 -0.95%, which is lower than 70% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Fayetteville's appreciation rate, at 5.23%, has been at or slightly above the national average. In the latest quarter, Fayetteville's appreciation rate has been 1.10%, which annualizes to a rate of 4.47%.

Relative to Georgia, our data show that Fayetteville's latest annual appreciation rate is higher than 60% 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 2000, to assist you in making the best Fayetteville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$240,982

Fayetteville, GA HOME PRICES

Value Range
> $1,210,000 0.2
$907,001 - $1,210,000 0.3
$605,001 - $907,000 2.9
$484,001 - $605,000 1.5
$363,001 - $484,000 10.2
$242,001 - $363,000 30.5
$121,001 - $242,000 45.2
$60,001 - $121,000 5.4
$0 - $60,000 3.7

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
23.9716395171686 8.0338266384778

Number Of Homes And Apartments:
6,167

Fayetteville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
14.00% 0.76% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,268 / per month

Homeownership Rate

Homeownership
Owners 70.32
Renters 29.68
Vacant 6.21

Housing Market Details

 

Age of Homes

AGE OF Fayetteville HOMES
2000 or Newer 31.5
1970 - 1999 61.3
1940 - 1969 6.2
1939 or Older 1.1

Types of Homes

TYPE OF Fayetteville HOMES
Single-Family 74.0
Townhomes 8.0
Small Apt. Buildings 3.7
Apt. Complexes 14.0
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Fayetteville HOMES
No Bedroom 1.41
1 Bedroom 3.95
2 Bedrooms 24.26
3 Bedrooms 34.17
4 Bedrooms 21.78
5 or more bedrooms 14.42