Is Fayetteville, TN 37334 a buyer’s or seller’s market?

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

Fayetteville is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score24/ 100

More competitive than 19% of U.S. ZIP codes, and #194 of 299 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 supply4.3Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market70Listing to accepted offer
Median price per sq ft$167▲ +0.1% vs. last year

The Fayetteville housing market right now

In the three months ending August 31, 2026, 14% of homes in Fayetteville, TN 37334 sold above their list price, the typical home went under contract in 70 days and there were 4.3 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 86 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (76 days then) and the median sale price rose 6% to $289,875. Overall, Fayetteville is more competitive than a year ago, so tougher for buyers.

Within Lincoln County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Fayetteville ranks #194 of 299 TN ZIP codes with enough sales (score 24 out of 100).

Nearby, buyers who want less competition could look at Taft 38488 (0% sold over asking) or Frankewing 38459 (0% sold over asking), while Ardmore 38449 (25% sold over asking) and Elora 37328 (20% sold over asking) are even more competitive.

Nearby markets

Ardmore 38449Buyer’s market $173 /sq ftDellrose 38453Seller’s market $814 /sq ftElora 37328Seller’s market $189 /sq ftFlintville 37335Seller’s market $188 /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 4.3 months of supply in Fayetteville, TN 37334 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 70 days in the latest three months.

Do homes in Fayetteville sell over asking?

14% 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 0.45% of a home’s value a year in Lincoln County, or roughly $1,800 on a $400,000 home.

What is the median home price in Fayetteville?

The median sale price was $289,875 in the three months ending August 31, 2026, about $167 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