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Fayetteville

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

Median Home$203,832
Median Rent$1,214/month
Population392,380
Leading IndustryPublic Administration26% of local workforce
Home Value Growth⬆⬆⬆+22.6% over 2 years
Young Adults35% of residentsabove average nationally
Homeowners57% of occupied units
NotableVeteran Community19% of residents · top 1% nationally
Fayetteville

Frequently Asked Questions

What are today's mortgage rates in Fayetteville?

Mortgage rates for Fayetteville are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Fayetteville?

The median home value in Fayetteville is $204k. The median monthly rent is $1,214. Annual property taxes average $2k. 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 22.6% 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 $1,218/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fayetteville is $65k/year.

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What industries drive the economy in Fayetteville?

The largest employment sectors in Fayetteville are public administration (26%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.