Is Fayetteville, NC 28304 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Fayetteville is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score42/ 100

More competitive than 41% of U.S. ZIP codes, and #122 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.4Under 4 months = seller’s market
Sold above original list16.4%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$146▼ −0.2% vs. last year

The Fayetteville housing market right now

In the three months ending August 31, 2026, 16% of homes in Fayetteville, NC 28304 sold above their list price, the typical home went under contract in 29 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 126 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (17% then), homes sold more slowly (21 days then) and the median sale price rose 2% to $219,905. Overall, Fayetteville is less competitive than a year ago, which gives buyers more room.

Within Cumberland County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Fayetteville ranks #122 of 424 NC ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Wade 28395 (7% sold over asking) or Fayetteville 28301 (8% sold over asking), while Fort Bragg 28307 (50% sold over asking) and Fayetteville 28305 (24% sold over asking) are even more competitive.

Nearby markets

Falcon 28342 — /sq ftFayetteville 28301Balanced $146 /sq ftFayetteville 28303Balanced $142 /sq ftFayetteville 28305Balanced $175 /sq ft Browse all markets →

Where Fayetteville is

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Questions about Fayetteville real estate

Is Fayetteville a buyer’s or seller’s market?

A balanced market: there were 4.4 months of supply in Fayetteville, NC 28304 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Fayetteville?

The typical home went under contract in 29 days in the latest three months.

Do homes in Fayetteville sell over asking?

16% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Fayetteville?

About 0.93% of a home’s value a year in Cumberland County, or roughly $3,720 on a $400,000 home.

What is the median home price in Fayetteville?

The median sale price was $219,905 in the three months ending August 31, 2026, about $146 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology