$3,858 Closing Credit*
$324,900
2,065 SqFt
3 Beds
•3 Full Baths
Logan Geddie, Listing Office: Coldwell Banker Advantage #1
Is East Fayetteville, NC 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, East Fayetteville was a Buyer's Market.
Key Takeaway
East Fayetteville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in East Fayetteville, NC
How much do homes in East Fayetteville, NC cost?
Median Sold Price
$180,500
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$169,400(-48.4%)
Key Takeaway
Homes in East Fayetteville have sold for 48.4% less than they did a year ago.
Summary: The median home sold price in East Fayetteville was $180,500 in October 2024, down 48.4% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $122.5K | $115K | -6.1% |
| 3 Bedrooms | $145K | $159.8K | +10.2% |
| 4 Bedrooms | $349.9K | $354K | +1.2% |
| 5+ Bedrooms | $359.9K | - | N/A |
Summary: East 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 decreased by 6.1%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Central Fayetteville | $246.3K | $251.2K | +2.0% |
| Downtown | $200K | $153K | -23.5% |
| East Fayetteville | $349.9K | $180.5K | -48.4% |
Housing Supply in East Fayetteville, NC
How many homes are available in East Fayetteville, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Summary: The East Fayetteville real estate market had 6 homes for sale in October 2024, a 20.0% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Fayetteville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in East Fayetteville in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Fayetteville, NC
How long does it take to sell a home in East Fayetteville, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 90 Days | 5 Days | -94.4% |
Summary: Homes in East Fayetteville had an average of 5 days on market in Oct 2024, down by 94.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Fayetteville are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in East Fayetteville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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