$5,878 Closing Credit*
$495,000
3,050 SqFt
4 Beds
•3 Full Baths
Stevanie Suttles, Listing Office: BHHS Georgia Properties
Is Fayetteville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Fayetteville was a Seller's Market.
Key Takeaway
Fayetteville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fayetteville, GA
How much do homes in Fayetteville, GA cost?
Median Sold Price
$439,145
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,145(+5.3%)
Key Takeaway
Homes in Fayetteville have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Fayetteville was $439,145 in October 2024, up 5.3% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $289.9K | $300K | +3.5% |
| 3 Bedrooms | $340.9K | $357K | +4.7% |
| 4 Bedrooms | $437.5K | $454.8K | +4.0% |
| 5+ Bedrooms | $589.9K | $650K | +10.2% |
Summary: Fayetteville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 10.2%.
Median Sold Price Compared To Nearby Cities
| Fayetteville | $417K | $439.1K | +5.3% |
| Peachtree City-Tyrone | $569.1K | $594.5K | +4.5% |
Housing Supply in Fayetteville, GA
How many homes are available in Fayetteville, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 388 | 434 | +11.9% |
Summary: The Fayetteville real estate market had 434 homes for sale in October 2024, a 11.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 32 | 31 | -3.1% |
| 3 Bedrooms | 113 | 124 | +9.7% |
| 4 Bedrooms | 135 | 153 | +13.3% |
| 5+ Bedrooms | 108 | 126 | +16.7% |
Summary: The Fayetteville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 61 | -6.2% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fayetteville, you may be able to get a good deal. 61.4% of homes here sold below asking price last month.
Summary: A total of 61 homes were sold or pending in Fayetteville in October 2024, down by 6.2% month-over-month. Of the 57 sold homes, 61% were sold under asking, 26% were sold at asking, and 12% were sold over asking.
Days on Market for Fayetteville, GA
How long does it take to sell a home in Fayetteville, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 43 Days | +34.8% |
Summary: Homes in Fayetteville had an average of 43 days on market in Oct 2024, up by 34.8% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fayetteville has remained consistent over time.
Summary: During October 2024, 61 homes were sold in Fayetteville; 44% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.