Fayetteville, NC Real Estate
According to census data in the year 2000 there were 53,486 housing units in Fayetteville.
This represents a 68.7% growth from 31,712 in 1990.
Of those housing units, 53,400 were located in either urbanized areas or urban clusters, and 86 were located in what is classified as a rural area.
Homeownership rate in Fayetteville is about 53.3%.
Fayetteville's vacancy rate, including seasonal lodging, is about 9.4%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Fayetteville were built after 1975.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.50% |
| One Bedroom | 11.20% |
| Two Bedrooms | 29.50% |
| Three Bedrooms | 45% |
| Four Bedrooms | 11.40% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.54 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $89,300 |
| Median Price asked for vacant units | $76,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $415 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.10% |
| Second Mortgage | 11% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 53.20% |
| Debt Free | 25.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
