Fayetteville's housing market is diverse, offering a mix of residential options that cater to a range of preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles that include modern farmhouses, colonial revivals, and contemporary craftsman homes. The market also features a selection of condominiums and townhouses, providing alternatives for those seeking a more urban living experience. The homeownership rate in Fayetteville is robust, with a majority of residents owning their homes, while a substantial minority opts for renting.