Fayetteville, NC Foreclosures
How much do homes sell for in Fayetteville, NC?
The average home price is currently $257,604.
In Fayetteville, NC, how many homes are available?
There are currently 36 active home listings available in Fayetteville.
What’s the average rental cost in Fayetteville, NC?
The average rental price in Fayetteville is $1,092.
What is the most expensive home in Fayetteville?
The most expensive home sold in Fayetteville had a price of $74,009,804.
What is currently the cheapest priced home in Fayetteville, NC?
The cheapest home for sale in Fayetteville is priced at $10,000.
Living in Fayetteville, NC
Fayetteville, North Carolina, is a vibrant city with a rich history and a strong sense of community. Known for its proximity to Fort Bragg, it has a diverse population and offers a variety of cultural and recreational activities. With its warm climate and southern charm, Fayetteville is an inviting place to call home.
Current Market Conditions in Fayetteville, NC
Currently, Fayetteville's real estate market is experiencing a steady growth trajectory, with increasing interest from both homebuyers and investors. The city's affordability compared to other regions in North Carolina, particularly nearby metropolitan areas, has positioned it as an attractive option for first-time buyers. The median home prices have risen moderately, indicating a healthy demand without significant volatility in prices.
There is also an uptick in new housing developments and renovations of older homes, reflecting the city's commitment to revitalizing neighborhoods and enhancing quality of life. With the influx of military personnel and their families, coupled with the general population growth, the market is forecasted to remain robust in the coming years.
Home Value Estimator For Fayetteville, NC
There are currently 93,702 real estate properties
in Fayetteville, NC,
with a median automated valuation model (AVM) price
of $205,338.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fayetteville, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fayetteville, NC,
is $257,604.00, with the most expensive house
in Fayetteville, NC, topping out
at $74,009,804.00 and the cheapest home
in Fayetteville, NC,
clocking in at $10,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fayetteville, NC!
Rent Prices
In Fayetteville, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fayetteville, NC, is on
a rollercoaster ride. The
average rent price in Fayetteville, NC,
is $1,092.00. Indeed, when looking to rent in
Fayetteville, NC, you can expect to pay as little
as $430.00 or as much
as $3,800.00,
with the average rent median estimated to
be $1,020.00. The good news is that finding
an affordable and desirable property to rent in Fayetteville, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
