Fayetteville, NC 28304 - Real Estate Investment Insights & Performance Data

Welcome to our 28304 real estate data hub, tailored for investors in Fayetteville, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 28304 in Fayetteville, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CUMBERLAND COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Fayetteville, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Fayetteville property market.

• Location Overview

  • Zip Code: 28304
  • City: Fayetteville
  • State: NC
  • Metro Area: Fayetteville, NC
  • County Name: CUMBERLAND COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $172,714
  • Average Home Price (Single Family Homes): $172,385
  • Average Monthly Rental Price (All Types): $1,318
  • Price-to-Rent Ratio: 11
  • Zillow Projected % appreciation from 4/2023-4/2024: 3.3%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,170
  • Average 3 Bedroom Section 8 Rental Rates: $1,610
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 12.3
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 8.94
  • Number of Units Offered in Section 8 in the County: 1845
  • Number of Occupied Units in Section 8 in the County: 1739
  • Percentage of Section 8 Units Occupied in the County: 94.19999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 138.13
  • Total % Appreciation since 2000 (Government Data): 89.51
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.83%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 18.01%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.85%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 77.59%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 76.68%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 67.37%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 105.45%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.32%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.93%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%