Is Fayetteville, NC 28305 a buyer’s or seller’s market?
Fayetteville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 38% of U.S. ZIP codes, and #140 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
The Fayetteville housing market right now
In the three months ending August 31, 2026, 24% of homes in Fayetteville, NC 28305 sold above their list price, the typical home went under contract in 32 days and there were 5.3 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 39 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (30 days then) and the median sale price rose 15% to $329,607. Overall, Fayetteville is more competitive than a year ago, so tougher for buyers.
Within Cumberland County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 92%. On our competition score, Fayetteville ranks #140 of 424 NC ZIP codes with enough sales (score 40 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) is even more competitive.
Run the numbers for 28305
Nearby markets
Falcon 28342 — /sq ftFayetteville 28301Balanced $146 /sq ftFayetteville 28303Balanced $142 /sq ftFayetteville 28304Balanced $146 /sq ft Browse all markets →Towns like Fayetteville nearby
Find towns like Fayetteville in other states →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 5.3 months of supply in Fayetteville, NC 28305 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 32 days in the latest three months.
Do homes in Fayetteville sell over asking?
24% of homes sold above their original list price, and the typical sale closed at 96.7% 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 $329,607 in the three months ending August 31, 2026, about $175 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