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Why Live in Fayette
Fayette, Alabama, is a resilient community located in northwest Alabama, known for its historic charm and close-knit atmosphere. The city, which serves as the seat of Fayette County, features a walkable historic district along Temple Avenue, lined with brick commercial buildings rebuilt after a devastating fire in 1910. Fayette offers a variety of local shops such as Sweet Annie Boutique and Eaves Karate and Fitness, and dining options including Charles Cafeteria, Lisa's Barbecue, and Sam's Smoke House. The Fayette County Courthouse Historic District provides a picturesque retail experience, while a Walmart Super Center is situated to the north. Housing in Fayette includes historic cottages, colonial-influenced homes, common ranch styles, and New Traditional homes built from the 1990s to early 2000s. The city is within driving distance of Tuscaloosa, about 40 miles away, making it an attractive option for those seeking affordability without sacrificing proximity to larger urban areas. Fayette County has a history of severe storms and tornadoes, with the local emergency management agency providing alerts to residents. The community boasts highly rated schools and is home to Bevill State Community College, which offers scholarships and technical training. Guthrie Smith Park is a popular spot featuring a playground, sports fields, walking trails, and the seasonal Fayette Aquatic Center. The Fayette Art Museum showcases over 3,500 works of art and hosts various community events. Major highways such as State Highways 171 and 13, and U.S. Highway 43 facilitate transportation, connecting locals to nearby cities and Interstate 22.
Home Prices in Fayette, AL
The median home sale price in Fayette, AL is $124,000, down 19% year-over-year. Homes in Fayette sell in 93 days on average, compared to the national average of 55 days.
Home Price Trends
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Median Sale Price
$124,000
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Median Single Family Sale Price
$145,000
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Median Townhouse Sale Price
$40,000
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Median 2 Bedroom Sale Price
$58,950
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Average Price Per Sq Ft
$89
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Number of Homes for Sale
25
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Last 12 months Home Sales
52
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Months of Supply
5.80
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Median List Price
$145,000
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Median Change From 1st List Price
4%
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Median Home Sale Price YoY Change
-19%
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