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Fayetteville

Learn about the people, housing, costs and businesses in Fayetteville, Pennsylvania

Median Home$245,941
Median Rent$1,119/month
Population3,245
Leading IndustriesRetail · Manufacturing · Public Administration21% retail
Home Value Growth⬆⬆+15.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Fayetteville
PA

Frequently Asked Questions

What are today's mortgage rates in Fayetteville?

As of today, the 30-year fixed mortgage rate for Fayetteville is approximately 6.943% (6.981% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Fayetteville?

The median home value in Fayetteville is $246k. The median monthly rent is $1,119. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fayetteville?

Home values in Fayetteville have increased 15.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Fayetteville?

Based on a typical all-in ownership cost of $1,258/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fayetteville is $84k/year.

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What industries drive the economy in Fayetteville?

The largest employment sectors in Fayetteville are public administration (27%) and retail (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.