Housing in 28307 Fayetteville, NC is significantly more affordable than the US median value with a median housing value of $184,500. Furthermore, appreciation rates for houses in 28307 Fayetteville, NC are significantly higher than the US 1 year house appreciation rate of 8.27%, with a 1 year house appreciation in 28307 Fayetteville, NC of 16.91%. These factors make 28307 Fayetteville, NC an attractive option for potential homeowners who may have difficulty affording homes in other areas with a higher median housing value and less favorable appreciation rates.
The median home cost in Fayetteville (zip 28307) is $184,500. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Fayetteville (zip 28307) is up 19.9%.
Average Age of Homes
- The median age of Fayetteville (zip 28307) real estate is 27 years old
The Rental Market in Fayetteville (zip 28307)
- Renters make up 93.9% of the Fayetteville (zip 28307) population
- 2.8% of houses and apartments in Fayetteville (zip 28307), 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.