The housing market in the Fayetteville, NC Metro Area is thriving. The median value of a home in the area is $207,600, which is significantly lower than the US House Median Value of $338,100. This makes it an attractive option for people looking to purchase a home and make investments. Additionally, in the past year the house appreciation rate in this area was 15.01%, higher than the national average of 8.27%. This indicates that houses purchased here are likely to see increased values over time, making it an attractive investment opportunity for those interested in homeownership or property investment.
The median home cost in Fayetteville Metro Area is $207,600. Home appreciation the last 10 years has been 66.5%. Home Appreciation in Fayetteville Metro Area is up 20.5%.
Average Age of Homes
- The median age of Fayetteville Metro Area real estate is 30 years old
The Rental Market in Fayetteville Metro Area
- Renters make up 39.0% of the Fayetteville Metro Area population
- 2.7% of houses and apartments in Fayetteville Metro Area, 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.