Is Fayetteville, NC 28311 a buyer’s or seller’s market?
Fayetteville is a seller’s market. With about 3 months of supply and 18% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 48% of U.S. ZIP codes, and #75 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, 18% of homes in Fayetteville, NC 28311 sold above their list price, the typical home went under contract in 38 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 176 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (31 days then) and the median sale price fell 12% to $276,880. Overall, Fayetteville is less competitive than a year ago, which gives buyers more room.
Within Cumberland County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Fayetteville ranks #75 of 424 NC ZIP codes with enough sales (score 47 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.
Run the numbers for 28311
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 seller’s market: there were 3 months of supply in Fayetteville, NC 28311 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 38 days in the latest three months.
Do homes in Fayetteville sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 98.3% 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 $276,880 in the three months ending August 31, 2026, about $151 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