Area Insights of 28314, Fayetteville, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 3%, reflecting steady buyer interest. A total of 91 homes were sold with 24 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

28314, Fayetteville, NC

Date

03-14-2023

Price Ratio

100%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

No schools available

Middle School

Anne Chesnutt Middle School

6 to 8

Ratings

B

Lewis Chapel Middle School

6 to 8

Ratings

B

High School

No schools available

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 2% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (54,689)
26,453 Male
28,236 Female
Education
25% High School
11% Associate
20% Bachelor
8% Graduate
Age

Average Age is 31 Years

Household Details

The area's household landscape is diverse, with 45% owner-occupied homes and 55% renter-occupied properties. Family households represent 61% of the population, indicating a strong community focus on family living. The average home value stands at $240,169, which suggests ample demand for multi-bedroom properties.

Total Households
22,985
Average home value
$240,169
Owned
45%
Rented
55%
Vacant
8%
Families
61%
Married
37%
With children
32%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 4% Asian, 50% Black, and 1% Native residents, alongside 27% White and 15% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 20% of households earning over $100,000 annually, while 35% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
1%
Healthcare
15%
Professional
3%
Education
9%
Services
32%
Labor
15%
Retail
18%
Other
7%