Real Estate Investing in Fayetteville, North Carolina (28306)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 28306 (Fayetteville, NC)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.1% vacancy may signal weakening demand.
What’s happening in Fayetteville, NC (28306)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 28306 Fayetteville
ZIP 28306 inside Cumberland County looks affordable on the surface — median value of $276K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 28306 can be a worth a close look for hunting ground — but the discount at $276K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Fayetteville have seen price recovery that 28306 has not matched. Cumberland County data supports the view that the spread is structural rather than temporary.
Turning to rents, 44,098 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 28306 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Fayetteville:
Property Strategy for 28306
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $133,002 | $1,120 | 6.1% | +12.3% | $66,501 |
| 3BR | $224,863 | $1,520 | 4.9% | +9.5% | $74,954 |
| 4BR | $356,678 | $1,880 | 3.8% | +6.8% | $89,169 |
| 5BR | $468,976 | — | — | +6.6% | $93,795 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 28306 Compare?
| Metric | 28306 | Fayetteville | Fayetteville, NC | North Carolina |
|---|---|---|---|---|
| Home Value | $275,845 | $196,250 | N/A | $330,565 |
| 5-Year CAGR | 7.1% | 6.9% | N/A | 7.8% |
| Avg Rent | $1,819 | $1,327 | N/A | - |
| Cap Rate | 5.1% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 28306 (Fayetteville, NC). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $275,845 |
| Monthly Rent | $1,819 |
| Price-to-Rent | 12.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.1% |
| 5-Year IRR | 12.2% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +7.1% ▲ |
| 10-Year CAGR | +6.7% ▲ |
🏠 Rent Trends
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.3% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 28306
Population: 44,098
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 28306
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,650 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is real estate in Fayetteville, NC a good investment right now?
Investors tracking Fayetteville, NC will find a 3.0/5 rating supported by $276K median home values and $1,819/mo rents. That profile suits long-term holders targeting steady returns.
What is the typical rental rate in Fayetteville, NC?
Expect rents around $1,819/mo per month in Fayetteville, NC. With home values at $276K, the yield math works out to reasonable levels for rental investors.
Is the tenant base reliable in Fayetteville, NC?
Fayetteville, NC offers a steady renter base at the $1,819/mo rent level. Tenant turnover is reasonable for well-managed properties.
Do landlords face vacancy issues in Fayetteville, NC?
Occupancy in Fayetteville, NC runs predictable with elevated vacancy. Well-priced units at $1,819/mo lease on reasonable timelines.
Can I house hack in Fayetteville, NC?
The house hack math a challenging in Fayetteville, NC. Owner-occupant buyers benefit from the $1,819/mo rents and $276K home values.
You know 28306 now. You don’t know where it ranks.
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How 28306 ranks in Fayetteville, NC
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