Fayetteville Real Estate Market Overview
Public School Ranking:
Selling a House in Fayetteville, NC
If you’re a homeowner in Fayetteville, July is the smartest time to sell in terms of pricing. The median sale price in July is almost $11,000 more than the annual average. The median home average is $122,922. On the other hand, selling a home fast is more likely in the month of June. During this month, homes are only on the market for an average of 50 days. While this is considered a quick sale for some, other homeowners might need something faster. Whether you’re getting rid of your home due to a job change, you’re looking to downsize, or you find yourself unable to afford your current home, an iBuyer can give you an offer within 24 hours and close in a month’s time. They’ll speed the process up for you, so you can put more energy towards moving into your next home.
Location & Weather
Fayetteville is in Cumberland County, located on the Cape Fear River. It is in the western part of the Coastal Plain of Sandhills, and its suburban area includes Hope Mills, Spring Lake, Raeford, Stedman, and Eastover. Fayetteville attracts those from all over who enjoy shopping in antique stores, spending time out-doors, and taking their young ones to museums, parks, theatres, escape rooms, game rooms and amusement areas. This city is a great city for all ages, and some of its most well-known attractions include the Airborne and Special Operations Museum, the Cape Fear River Trail, the Cape Field Botanical Gardens, the Gillis Hills Farm, the Market House and the Fascinate-U Children’s Museum.
The weather in Fayetteville is partly cloudy year round but begins to clear up around August. Summers are humid, with highs in the 90’s and lows in the 60’s. Winters are cool, with highs in the 60’s and lows in the mid 30’s.
Population, Job Market & Cost of Living
Fayetteville’s population is 205,646, and has a growth rate of 3.27%. The job growth here has increased by 1.0% over the last year and in ten years, is predicted to have increased by 30.2%. Some of Fayetteville’s biggest industries include health care and social assistance, retail trade, and educational services. Some major companies to work for include Cumberland County Hospital System, Cumberland County Schools, South View High School, Fayetteville State University and MANN+HUMMEL Purolator filters. Overall, the cost of living in Fayetteville is less than the U.S. average.
This city provides its residents and visitors with a suburban aesthetic perfect for families, professionals, and young adults. Thanks to short commutes, a thriving night life and an abundance of out-side activities, Fayetteville will continue attracting those looking for a new home.