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Top Bragg Realty And Property Management
Mobile: 1-910-624-8077 Office: 1-910-624-8077Website Agent Listings Contact Latonia M. Parks
Fathom Real Estate
Mobile: 1-407-956-7166 Office: 1-407-956-7166Website Agent Listings Contact Shinesha Fallon
For anyone thinking about relocating to Fayetteville NC, we have great news for you. The city is rapidly growing in population, and more people find it a desirable place to live thanks to its family-friendly environment, educational and job opportunities. The city prides itself on great restaurants and fine cuisine, along with a variety of recreational activities. A weekend getaway to the beach, mountains, or the capital is fairly common in a city like Fayetteville NC, which is conveniently located just a short distance away from all these great attractions.
Our platform offers you the possibility to contact some of the top real estate agents in Fayetteville NC, who can help you settle in a newly bought home, sell your property or find an affordable rental. So without further ado, here is what you can expect as a home buyer, seller, and renter from the city and its housing market.
Buying a home can be a long and daunting process since there is so much paperwork involved and a lot of money on the line. Getting approved for a loan, passing all the inspections, and closing a transaction can take time, and the high home prices can make it even more difficult for many people. However, Fayetteville’s housing market has some of the most accessible housing options as far as pricing goes.
With a median home value close to $150,000, many would argue that the housing market is a steal. With the help of real estate agents in Fayetteville NC, you have little to worry about when filing the necessary paperwork and closing on a property. Keep in mind that the local realtors in Fayetteville NC can point you in the direction of the most desirable properties and neighborhoods in the area and help you narrow down your searches to a couple of homes that match your description.
Buying a home in Fayetteville NC, is highly desirable amongst families because of the family-friendly environment and good schools. The regional and local economy is also heavily sustained by the military alone, which contributes to about 9.8 billion dollars, and a high percentage of residents in the city have a military-related career. If you fit in any of these two categories, you might find the town of Fayetteville to be the perfect place to relocate and one of the most affordable places to live. Don’t hesitate to contact our real estate agents in Fayetteville NC, to learn more about the greatest military installation in the world and find yourself a cozy place you can call home.
One of the reasons why home buyers storm the area is related to the fact that Fayetteville is one of the most buyer-friendly places in the entire US. With that in mind, home sellers in the area can take advantage of the housing market to sell quickly and at a higher price. Just make sure you reach out to our real estate agents in Fayetteville NC, who would help list your property, market it and get the best offers for you.
Holding on to your owned properties for investment purposes is also a great idea since the city has experienced a 12% increase in home prices over the past year. Signs show that the real estate market appreciation won’t slow down any time soon as the demand for housing is continuously increasing. Selling a home in Fayetteville can prove to be a good transaction as prices rise and the average time it takes to close on a home transaction shortens.
Housing in Fayetteville ranks as the country's third most affordable real estate market. With a median home value of $150,000, homebuyers can get their hands on budget-friendly homes, and home sellers can sell their properties in no time. Just make sure you reach out to one of the top-ranked realtors in Fayetteville NC, for more information about the area’s housing market.
The thriving housing market of Fayetteville NC, also reflects into the rental market in the area. However, rentals tend to be more on the expensive side, but prices vary from one type of apartment to another. For example, studio apartments in Fayetteville tend to be more costly than bigger apartments, but you can get a one-bedroom apartment for anywhere around $800 per month.
The average rent has increased by about 7% for studio apartments over the past year, and about 50% of the occupied housing units are tenant-occupied households. Surprisingly 2-bedroom apartments have experienced a decrease of about 1%, and one-bedroom apartments remained at roughly the same price point. Since there is a higher demand for studio apartments, it’s easy to understand why prices fluctuate so much between unit types.
If you want to learn more about rentals in Fayetteville NC, don’t hesitate to reach out to our real estate agents in Fayetteville NC, for more information about rentals and prices.