$375,000
14.32 Acres
Land
Lisa Mayer, Listing Office: Round Top Real Estate
Is Fayetteville, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, TX
How much do homes in Fayetteville, TX cost?
Median Sold Price
$500,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$50,000(-9.1%)
Key Takeaway
Homes in Fayetteville have sold for 9.1% less than they did a year ago.
Summary: The median home sold price in Fayetteville was $500,000 in November 2024, down 9.1% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $817.5K | - | N/A |
| 2 Bedrooms | $762.5K | $274.9K | -63.9% |
| 3 Bedrooms | $501.7K | $617.5K | +23.1% |
| 4 Bedrooms | $925K | $749K | -19.0% |
| 5+ Bedrooms | - | $1.6M | N/A |
Summary: Fayetteville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 63.9%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes did not change.
Housing Supply in Fayetteville, TX
How many homes are available in Fayetteville, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Fayetteville real estate market had 24 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fayetteville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fayetteville, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Fayetteville in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Fayetteville, TX
How long does it take to sell a home in Fayetteville, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 35 Days | 132 Days | +277.1% |
Summary: Homes in Fayetteville had an average of 132 days on market in Nov 2024, up by 277.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fayetteville has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Fayetteville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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