Zip 28311 (Fayetteville, NC) Housing

The housing market in 28311 Fayetteville, NC is very strong. The median value of homes in this area is $199,200, which is significantly less than the US median of $338,100. However, what makes the housing market here special is that it has seen much faster appreciation than the national average. In the past year, home values have gone up 16.91%, while nationally they've only appreciated 8.27%. This means that people who invest in the housing market in 28311 Fayetteville will be able to realize a healthy return on their investment.

The median home cost in Fayetteville (zip 28311) is $199,200. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Fayetteville (zip 28311) is up 19.9%.

Average Age of Homes

- The median age of Fayetteville (zip 28311) real estate is 31 years old

The Rental Market in Fayetteville (zip 28311)

- Renters make up 40.8% of the Fayetteville (zip 28311) population
- 3.9% of houses and apartments in Fayetteville (zip 28311), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fayetteville, North Carolina	United States
	16,047.0	139,647,020.0
	35	42
	$199,200	$338,100
	19.9%	16.6%
	58.4%	57.0%
	61.0%	101.1%
	$11.81	$10.98
	$1,807	$2,690
	42.2%	57.4%
	11.9%	11.2%
	45.9%	31.4%
Vacant Housing
	3.9%	1.9%
	1.0%	0.4%
	1.3%	0.7%
	1.0%	0.4%
	0.1%	3.6%
	4.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	0.6%	2.4%
	2.4%	2.8%
	8.7%	3.9%
	11.6%	4.5%
	23.9%	11.3%
	15.5%	13.0%
	24.8%	20.1%
	6.2%	13.6%
	2.6%	8.3%
	1.9%	9.7%
	0.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.7%	13.6%
	15.7%	13.6%
	17.6%	13.6%
	21.8%	13.2%
	23.8%	14.8%
	17.6%	13.6%
	3.5%	10.0%
	1.2%	4.7%
	0.4%	12.2%

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