Is Fayetteville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fayetteville is a seller's market

Buyer's
Market

Difference Since May 2021

Since last year, Fayetteville has remained a Seller's Market.

Key Takeaway

Fayetteville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Fayetteville, GA cost?

Median Sold Price

$340,000

$147/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$63,333(+22.9%)

Key Takeaway

Homes in Fayetteville have sold for 22.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $168.5K$211K
+25.2%
3 $220K$279.4K
+27.0%
4 $311K$360K
+15.8%
5+ $375K$460K
+22.7%

Median Sold Price Compared To Nearby Cities

Fayetteville
+22.9%
Peachtree City-Tyrone
+11.0%

How many homes are available in Fayetteville, GA?

Number of Homes For Sale

Apr 2022May 2022%
8476-9.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 84
-50.0%
3 2424
0.0%
4 3027
-10.0%
5+ 2221
-4.5%

Number of Homes Sold

Apr 2022May 2022%
3828-26.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fayetteville, you could pay more than the asking price. 65.2% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
10 Days23 Days+130.7%

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fayetteville are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Fayetteville, GA

Homes for sale in Fayetteville, GA have reached 76. The number of listings in Fayetteville, GA decreased by 9.5% between April 2022 and May 2022. Listings spent 23 days on the market in May 2022, and had a median list price of $340,000 during the same period. Listing prices have changed in this real estate market between April 2022 and May 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties prices increased by 25.2%, 3 bedrooms properties prices increased by 27%, the cost of 4 bedrooms properties went up by 15.8%, 5 bedrooms properties prices increased by 22.7%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes became 50% less available, 3 bedrooms homes inventory did not change, 4 bedrooms homes inventory decreased by 10%, 5 bedrooms homes inventory decreased by 4.5%. While more than 15 listings in Fayetteville, GA in May 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 4 were sold below.

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