Fayetteville housing market

Buyer's marketFayetteville, NC metro areaData through Sep 2026
Typical home value
$254K
▲ 0.3% 1 yr
Typical rent
$1,454/mo
▲ 2.3% 1 yr
12-month forecast
+0.9%
#403 of 546 metros
Gross rent yield
6.9%
#144 of 546 · U.S. 6.3%
Days to pending
55 days
▲ +7 days 1 yr
Listings with a price cut
31%
▲ +0.8 pts 1 yr

Key takeaways

  • 1The typical home is worth $253,782, up 0.3% in a year and up 34% over five years.
  • 2Zillow forecasts home values rising 0.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,454/mo (+2.3% YoY), a 6.9% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,395/mo in principal and interest, $59 less than renting.
  • 5Homes go under contract in 55 days (+7 days vs last year); 31% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #355 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $254K
$146K$180K$215K$249K2016201920222025
Typical monthly rent
Latest $1,454
$846$1,035$1,225$1,4142016201920222025

How fast homes are selling

Days to go under contract
Latest 55
1537588020182020202220242026
Share of listings with a price cut
Latest 31.4%
8.9%15.9%22.9%29.9%20182020202220242026
Homes for sale vs new listings
Latest 2,414
For saleNew listings
6441,6132,5823,55120182020202220242026
Share of homes sold above list price
Latest 24.8%
25.3%39.3%53.2%67.2%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $70K
To buy (20% down)To rent
$34K$46K$57K$68K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Fayetteville compares

MeasureFayettevilleUnited StatesRank of 546
Home value, 1-yr change+0.3%+1.2%#421
Home value, 5-yr change+33.5%+19.7%
12-month forecast+0.9%+1.1%#403
Rent, 1-yr change+2.3%+2.7%#379
Gross rent yield6.9%6.3%#144
Price-to-rent ratio14.515.8
Mortgage P&I on typical home$1,395$2,012
Income needed to buy$70,193$100,902
Days to pending5556

Cities in the Fayetteville metro

7 cities with home value and rent data.

Fayetteville$222K▲ 0.3%$1,362▲ 2.2%7.4%
Fuquay Varina$435K▼ 2.2%$1,875▲ 2.0%5.2%
Raeford$287K▲ 0.1%$1,725▲ 3.7%7.2%
Hope Mills$261K▲ 0.6%$1,673▲ 3.7%7.7%
Spring Lake$257K▼ 0.1%$1,430▲ 0.4%6.7%
Cameron$322K▲ 0.4%$2,008▲ 2.6%7.5%
Angier$331K▼ 1.2%$1,830▲ 1.6%6.6%

Run the numbers

Renting out a property in North Carolina? See deposit limits, late fee rules and notice periods.

Other North Carolina metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.