Fayetteville, AL is a great place to invest in real estate due to its high housing median value of $165,800 and an impressive one year house appreciation rate of 12.35%. This is much higher than the US median value of $338,100 and 8.27% 1 year appreciation rate nationwide respectively which makes it an attractive location for potential home buyers or investors looking to get into the real estate market. The area has seen steady growth in recent years and looks to continue doing so for the foreseeable future.
The median home cost in Fayetteville is $165,800. Home appreciation the last 10 years has been 73.9%. Home Appreciation in Fayetteville is up 18.6%.
Average Age of Homes
- The median age of Fayetteville real estate is 33 years old
The Rental Market in Fayetteville
- Renters make up 4.8% of the Fayetteville population
- 0.0% of houses and apartments in Fayetteville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.