$2,601 Closing Credit*
$219,000
1,400 SqFt
3 Beds
•2 Full Baths
JOSEPH MOUZON, Listing Office: EXP REALTY LLC
Is Central Fayetteville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Central Fayetteville has remained a Seller's Market.
Key Takeaway
Central Fayetteville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central Fayetteville, NC
How much do homes in Central Fayetteville, NC cost?
Median Sold Price
$251,200
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$4,866(+2.0%)
Key Takeaway
Homes in Central Fayetteville have sold for 2% more than they did a year ago.
Summary: The median home sold price in Central Fayetteville was $251,200 in October 2024, up 2% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190K | $90K | -52.6% |
| 2 Bedrooms | $132.5K | $150K | +13.2% |
| 3 Bedrooms | $237.3K | $250K | +5.3% |
| 4 Bedrooms | $325K | $322.7K | -0.7% |
| 5+ Bedrooms | $447K | $452.6K | +1.3% |
Summary: Central Fayetteville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 52.6%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 1.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Central Fayetteville | $246.3K | $251.2K | +2.0% |
| Haymount | $287K | $275.7K | -3.9% |
| Downtown | $200K | $153K | -23.5% |
Housing Supply in Central Fayetteville, NC
How many homes are available in Central Fayetteville, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 186 | 172 | -7.5% |
Summary: The Central Fayetteville real estate market had 172 homes for sale in October 2024, a 7.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 27 | 29 | +7.4% |
| 3 Bedrooms | 92 | 82 | -10.9% |
| 4 Bedrooms | 54 | 49 | -9.3% |
| 5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Central 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 increased by 7.4%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 9.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 31 | -27.9% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Fayetteville, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Central Fayetteville in October 2024, down by 27.9% month-over-month. Of the 31 sold homes, 65% were sold under asking, 19% were sold at asking, and 16% were sold over asking.
Days on Market for Central Fayetteville, NC
How long does it take to sell a home in Central Fayetteville, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 41 Days | -32.4% |
Summary: Homes in Central Fayetteville had an average of 41 days on market in Oct 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Fayetteville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in Central Fayetteville; 48% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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