Similar to its nearby areas, it is significantly less expensive compared to the nation as a whole. Compared to the city of Raleigh, it is significantly less expensive.
Home prices
The median home value in Fayetteville is $131,000. This is about $2,320 (1%) lower compared to its surrounding areas.Compared to the entire nation it is roughly $86,500 (39%) lower, and compared to the city of Raleigh it is approximately $117,300 (47%) lower.
Rents
Fayetteville's median monthly rent is $947. This is is very similar compared to its nearby areas.It is roughly $115 (10%) lower in comparison to the US as a whole, and is approximately $174 (15%) lower in comparison to the city of Raleigh.
Nearby places
Spring Lake
Spring Lake is Fayetteville's neighbor to the north. The housing prices there are substantially less expensive. Spring Lake's median home value is $94,300, which is $36,700 (38%) lower than Fayetteville. Rents there are a bit more expensive. In Spring Lake the median monthly rent is $1,032, which works out to $85 (8%) higher than Fayetteville.
Rockfish
Rockfish is Fayetteville's neighbor to the southwest. Its housing prices are a little more expensive. The median home in Rockfish costs $137,900, which works out to $6,900 (5%) higher than Fayetteville. The rent there is somewhat more expensive. Rockfish's median monthly rent is $1,158, which works out to $211 (18%) higher than Fayetteville.
Hope Mills
Hope Mills is Fayetteville's neighbor to the south. Housing prices there are pretty similar. The value of the median home in Hope Mills is $134,900, which works out to $3,900 (2%) higher than Fayetteville. The rent there is pretty similar. Hope Mills's median monthly rent is $928, which works out to $19 (2%) lower than Fayetteville.
Eastover
Eastover is Fayetteville's neighbor to the east. The real estate prices there are a bit more expensive. The median home in Eastover is valued at $183,900, which works out to $52,900 (28%) higher than Fayetteville. The rent there is a little less expensive. The median monthly rent in Eastover is $775, which comes out to $172 (22%) lower than Fayetteville.
Vander
Vander is Fayetteville's neighbor to the east. The housing prices there are a bit less expensive. The median home cost in Vander is $115,600, which works out to $15,400 (13%) lower than Fayetteville. The rent there is a little less expensive. Vander's median rent is $814 a month, which comes out to $133 (16%) lower than Fayetteville.
