The housing market in Fayetteville, NC (zip code 28305) is very strong. The median value for homes in the area is $225,200, which is significantly lower than the US median value of $338,100. However, the rate of appreciation for houses in this area has been much higher than the national average: 16.91% over the last year compared to 8.27% nationally. This impressive rate of appreciation indicates that now may be a great time to buy a house in Fayetteville and take advantage of what could be an excellent investment opportunity.
The median home cost in Fayetteville (zip 28305) is $225,200. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Fayetteville (zip 28305) is up 19.9%.
Average Age of Homes
- The median age of Fayetteville (zip 28305) real estate is 55 years old
The Rental Market in Fayetteville (zip 28305)
- Renters make up 37.1% of the Fayetteville (zip 28305) population
- 3.7% of houses and apartments in Fayetteville (zip 28305), 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.