Welcome to our 28305 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 28305 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.
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Location Overview
- Zip Code: 28305
- City: Fayetteville
- State: NC
- Metro Area: Fayetteville, NC
- County Name: CUMBERLAND COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $236,378
- Average Home Price (Single Family Homes): $236,560
- Average Monthly Rental Price (All Types): $1,217
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 2.2%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $970
- Average 3 Bedroom Section 8 Rental Rates: $1,330
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.31
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.81
- 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%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 152.12
- Total % Appreciation since 2000 (Government Data): 75.63
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 2.59%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 13.34%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.54%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.68%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 59.54%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 61.17%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 120.06%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -7.46%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%