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Fayetteville – Real Estate and Resources
When you hear about Fayetteville, NC you might first think of Fort Bragg, a significant U.S. Army base just northwest of the city. The city sits at nearly 210,000 people who reside in roughly 150-square miles. If you currently live in Fayetteville, we probably don’t have to tell you what a great community it is, and anyone looking to move there will soon see why so many call this area, home.
At Certified Inspectors of North Carolina, we are asked often about what the real estate market looks like and how it is changing. We thought it would be helpful to offer some insights as to how the market is doing at the start of 2019 and give you some quick resources at the close of this article, for those who might be moving to the area. Let’s take a look.
The Fayetteville, NC Real Estate Market
The median home price in the metro area is just over $130,000. The market surged a bit in late Summer of 2018 and dropped minimally during the Winter as predicted. As of March 2019, there is already signs the market is starting to pick up again as many anticipate buying or selling their homes. Property taxes are between $800-$1500 dollars.
Supply and demand appear to be equally balanced, almost a perfect marriage for both buyers and sellers. Resales are doing better than new home builds, as that portion of the market expanded in 2018 by 10%, all signs point to 2019 following suit. Zillow says the market is “very hot” with homes staying on the market for about 105 days on average.
Here is a list of the top five neighborhoods that have been appreciating over the past decade.
- King Road to Barbour Lake Road
- Lakewood Drive to Stoney Point Road
- Falcon Neighborhood
- Drayton Road to North Hill Road
- Cedar Creek area to Elease
If you are getting ready to move to the Fayetteville area, we thought it might help to offer resources that will get you settled faster.
- The City of Fayetteville, NC – Community events, city-county news, development, and business.
- City Waste and Recycling – Learn who your service is with here.
- Fayetteville Parks and Recreation – Community events, rentals, camps, etc.
- Cable / Internet Provider – Spectrum
- Natural Gas – Piedmont Natural Gas
- Water service – PWC
We hope this has provided you some insight into the most recent information regarding real estate in Fayetteville, NC. If you’re planning to buy a home soon, Certified Inspectors of North Carolina welcomes the chance to work for you. Give us a call or connect with us online today.