Real Estate Investing in Fayetteville, North Carolina (28312)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Cumberland County • Population: 19,889 • Data updated: September 2026

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Should you buy in 28312 (Fayetteville, NC)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (59/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Elevated vacancy: 9.8% vacancy may signal weakening demand.
  • High price-to-rent: Price-to-rent ratio 28.3 — hard to cash-flow at these prices.

What’s happening in Fayetteville, NC (28312)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $300,204
Avg Monthly Rent $884
1% Rule ✗ Does Not Meet
Median Income $60,650
% Renters 27.9%

Market Analysis: 28312 Fayetteville

The 28312 ZIP covers a section of Fayetteville that demands careful diligence. Prices near $300K look accessible, but the work to make a deal cash flow is real.

The investment case in 28312 is sturdy only for operators who understand what they are buying. A $300K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

Nearby ZIPs in Fayetteville have seen price recovery that 28312 has not matched. Cumberland County data supports the view that the spread is structural rather than temporary.

Who lives in 28312 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.

Distressed ZIPs reward experience. impressive returns are possible in 28312, but they flow to investors who already understand how to operate in soft markets.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Fayetteville:

B Good
Buy Confidence Score: 71/100
Affordability
10/25
Appreciation
25/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.9× the median income
Value Trend
Rising (+13.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $884/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
❄️
COOL MARKET
Fayetteville, NC Metro Area
More inventory, negotiating room for buyers
53 days
Average time to sell
Average
10.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Fayetteville, NC metro data
🏠

Property Strategy for 28312

Which property type performs best in this market?

Best for Cash Flow
2BR
5.8% cap rate
Best for Appreciation
2BR
+10.1% 5yr CAGR
Best Overall Value
2BR
$68,965/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $137,930 $1,120 5.8% +10.1% $68,965
3BR $228,790 $1,520 4.8% +8.5% $76,263
4BR $359,584 $1,880 3.8% +6.5% $89,896
5BR $439,256 +6.1% $87,851

Market Trends

Home Value History (with trend line)

$318K$275K$231K$187K$143K$100KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,926$1,702$1,478$1,254$1,030$806Oct 2025Mar 2026Jul 2026

📊 How Does 28312 Compare?

Metric 28312 Fayetteville Fayetteville, NC North Carolina
Home Value $300,204 $196,250 N/A $330,565
5-Year CAGR 7.6% 6.9% N/A 7.8%
Avg Rent $884 $1,327 N/A -
Cap Rate 2.3% 4.6% - -
💡 Why Invest in 28312? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 28312 (Fayetteville, NC). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.3%
Low
5yr Growth
+7.6%
Strong

📉 Market Crash Risk Index

Based on Fayetteville, NC metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
42%
Days Pending
1/2
53 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $300,204
Monthly Rent $884
Price-to-Rent 28.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.5%
Cap Rate 2.3%
5-Year IRR 9.9%

📈 Home Appreciation

1-Year +13.2% ▲
3-Year CAGR +6.3% ▲
5-Year CAGR +7.6% ▲
10-Year CAGR +7.6% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.3%). 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.

Vacancy
9.8%
Moderate risk
Landlord Climate
4.0/5
Friendly
Value Trend (5yr)
+7.6%
Growing
Eviction process: Moderate Rent control: Favorable

Demographics in 28312

Population: 19,889

💰 Median Household Income
$60,650
This area
$60,650
State
$63,256
USA
$74,580
🏠 Renter Occupied
27.9%
This area
27.9%
State
27.8%
USA
34.0%
💼 Unemployment Rate
4.1%
This area
4.1%
State
-19.3%
USA
3.7%
🎓 College Educated
26.6%
This area
26.6%
State
0.5%
USA
33.7%
👤 Median Age
42.5 years
This area
42.5 years
State
6.5 years
USA
38.9 years
🏚️ Vacancy Rate
9.8%
This area
9.8%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 57.6%
Black/African American 30.4%
Other/Mixed 11.6%
Hispanic/Latino 4.7%
Asian 0.5%
👶 Under 18
23.0%
This area
23.0%
USA
22.0%
👴 65 and Over
19.2%
This area
19.2%
USA
17.3%
📊 Poverty Rate
13.5%
This area
13.5%
USA
11.5%

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 28312

B Avg School Grade
5 Schools
15.8:1 Avg Class Size
$12,982 Avg Per Pupil

Schools in This ZIP Code

B+ Above Average

Armstrong Elementary

📚 Pre-K – 05 Elementary
👥
485 Students
👨‍🏫
14.3:1 Class Size
💰
$12,982 Per Student
B+ Above Average

Eastover-Central Elementary

📚 Pre-K – 05 Elementary
👥
393 Students
👨‍🏫
13.1:1 Class Size
💰
$12,982 Per Student
B+ Above Average

Sunnyside Elementary

📚 K – 05 Elementary
👥
343 Students
👨‍🏫
14.3:1 Class Size
💰
$12,982 Per Student
C+ Average

Cape Fear High

📚 09 – 12 High School
👥
1,514 Students
👨‍🏫
17.8:1 Class Size
💰
$12,982 Per Student
C+ Average

Mac Williams Middle

📚 06 – 08 Middle
👥
1,163 Students
👨‍🏫
19.8:1 Class Size
💰
$12,982 Per Student
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

5 Nearby 3,650 Off-Campus Students
C+
Fayetteville State University
6,847 students · 12.6 mi
D
One Stop Academy
19 students · 13.7 mi
D
Carolina College of Biblical Studies
173 students · 13.8 mi
C
Fayetteville Technical Community College
10,877 students · 13.8 mi
C
Miller-Motte College-Fayetteville
169 students · 14.1 mi

Investor Insight: With 3,650 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How quickly do rentals get leased in Fayetteville, NC?

Vacancy risk in Fayetteville, NC is elevated. That supports predictable cash flow for typical rental holds.

How expensive is real estate in Fayetteville, NC?

Median home price in Fayetteville, NC is near $300K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

Is Fayetteville in NC worth investing in?

Our data puts Fayetteville, NC at 3.0/5 for investability. Home prices of $300K and rents around $884/mo create a solid backdrop for investor activity.

Are landlord laws favorable in Fayetteville, NC?

Rental owners in Fayetteville, NC deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What is the smart move for investors in Fayetteville, NC?

Most investors in Fayetteville, NC run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.

You know 28312 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 28312 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 28312 ranks in Fayetteville, NC

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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