28311, Fayetteville, NC

The 28311 zip code of Fayetteville, NC is located in the southeastern corner of North Carolina and has a population of around 118,000. The median household income in this zip code is around $50,000, which is lower than the national median household income of $53,046. However, this zip code has a higher percentage of households earning over $100,000 than the national average. In addition, the home equity and home prices in this zip code are both relatively high when compared to other areas in North Carolina.

As of September 2017, there were an estimated 1,811 homes for sale in the 28311 zip code and an estimated asking price of $269,900. This means that the average home equity value in this area is approximately $128,500. Additionally, as of September 2017 there were an estimated 592 homes for sale in the 28311 zip code and an estimated asking price of $269,900. This means that the average home equity value in this area is approximately $158,700. These figures indicate that home equity values are relatively high within this zip code and may be attractive to potential buyers.

In addition to high home equity values and available homes for sale within the 28311 zip code area., it should be noted that mortgage rates are also relatively low when compared to other areas within North Carolina. As of September 2017 mortgage rates were averaging around 4%. This means that borrowers may be able to afford a larger down payment when purchasing a home within this area.