Fayetteville, TN Real Estate

According to census data in the year 2000 there were 3,407 housing units in Fayetteville. This represents a 4% growth from 3,277 in 1990.

Of those housing units, 3,275 were located in either urbanized areas or urban clusters, and 132 were located in what is classified as a rural area.

Homeownership rate in Fayetteville is about 57%. Fayetteville's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.11 people.

The majority of houses, apartments or condos in Fayetteville were built after 1964.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom15.40%
Two Bedrooms35.60%
Three Bedrooms34.60%
Four Bedrooms10.40%
Five Bedrooms or more2.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1960
Median Value of occupied units$64,000
Median Price asked for vacant units$88,000

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1971
Median Monthly Rent asked for vacant units$257

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan3.10%
Simple Mortgage37.80%
Debt Free54.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%