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Fayetteville

Fayetteville

Located in Lincoln County

$256,596 Average Value
$166 Average Price per Sq Ft
99 Homes For Sale

Fayetteville is a small community with downtown dining and events

Fayetteville is a city of about 7,600 people in Tennessee’s south-central region, surrounded by agriculture, including cattle pastures and crops. While the community is many miles from big-city scenery, residents enjoy time out on the town. The city has a walkable and historic downtown area that’s a destination for dining, shopping and festivities. “It is charming, but not really that small of a town anymore. There’s a lot of antique shopping in Fayetteville, and it’s got the town square going around the courthouse, which is a nice little area,” says Ryan Kent, a Realtor with Access Realty. “It’s a nice place to raise a family.”

The city has a range of classic and modern styles

Homes in Fayetteville were built between the Victorian era and the 2010s. Several homes have stone siding, while stone walls also surround some lots. The city's various designs include ranch-style homes, Colonial Revival and New Traditional styles. There are also historic pockets with Craftsman bungalows, Greek Revivals, English cottages and other homes showing Queen Anne, Italianate and Gothic features. Depending on size and age, many homes sell from about $210,000 to $440,000. Several homes over 2,500 square feet cost between $480,000 and $560,000, while some of Fayetteville’s smaller homes sell from $60,000 to $200,000. Also, nearly half of the city rents.

Fayetteville has antique stores, burger joints and a few bars

The Italianate buildings around the downtown square have many antique stores, clothing boutiques and a vintage movie house called the Lincoln Theatre. As for dining options, there are several places for downhome Southern cooking, classic breakfasts and frozen desserts across the city. A local favorite is the slawburger, a burger topped with mustard-based slaw. Places serving this burger include Honey’s Restaurant, which is also popular for its summer milkshakes. Cahoots has been an institution for pub fare since the 1980s. Based in an old city jail, the restaurant never removed some iron cell doors and has limestone walls covered in scribblings. There’s Mickey’s Garage Bar & Grill for pool, darts and late-night drinks. “If you’d like to get a cocktail after work, you've got a couple of pool halls to go to,” Kent says. Gerald’s Foodland and Walmart are available for groceries.

Outdoor recreation includes several parks and a golf course

The city offers recreation through several small parks with amenities for walkers, cyclists, younger children and dog owners. One local destination is Stone Bridge Memorial Park, which has a footbridge, a historic log cabin and a pond with fountains. The park also has several benches and picnic tables along the water. Don Davidson Park has more open spaces and a disc golf course. Roller skaters may meet with their friends at Star Wheels, while local golfers can play the public nine-hole course at Pebble Creek Golf Club. During the summer, many go swimming at the city’s municipal pool.

Fayetteville has its own school district

Fayetteville students don’t go to the same public school district as the rest of their peers in Lincoln County. The city has its own district, Fayetteville City Schools, which gets a B from Niche. Students may start at Ralph Askins School, which receives a B. They may then attend Fayetteville middle and high schools, which also get B grades. The district makes use of its rural surroundings for student activities. Ralph Askins School gives its students early exposure to agriculture through its 4-H club. Motlow State Community College also has a campus in Fayetteville.

City events include Host of Christmas Past and the county fair

The city hosts various seasonal events throughout the year. In November, the community celebrates the start of the holiday season with Host of Christmas Past, which involves activities like lighting the city’s Christmas tree, caroling downtown and live music performances on the courthouse bandstand. Fayetteville is also home to the Lincoln County Fair every year in September. In addition to its carnival rides, the week-long event is popular for horse races and motorsports contests.

U.S. 431 leads to Huntsville

Many commuters here travel on U.S. Highway 431 to Huntsville, Alabama, 30 miles south of Fayetteville. A job destination for several Tennessee residents, the Huntsville area has employers like the Army’s Redstone Arsenal. “I think about 20% of people in Fayetteville work in Huntsville,” Kent says. Alabama’s largest city is also home to Huntsville International Airport, the nearest hub for commercial flights. For medical care, Fayetteville residents may go to the Lincoln Health hospital.

Yann Ranaivo
Written By
Yann Ranaivo

Interested in learning more about homes in this area? Reach out to Joe Orr, an experienced agent in this area.

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Fayetteville Housing Trends

Housing Trends

Median List Price
$289,245
Median Sale Price
$271,015
Median Single Family Sale Price
$280,387
Median Townhouse Sale Price
$200,000
Median 2 Bedroom Sale Price
$200,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
298
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$166

Area Facts

Number of Homes
5,624
Number of Homes for Sale
99
Median Year Built
1973
Months of Supply
4.00
Average Single Family Home Size Sq Ft
1,698
Below the national average
1,927
Average Townhouse Size Sq Ft
1,623
Median Lot Size Sq Ft
23,086

Open Houses

  • Sunday, Nov 16
    Open Sun 2PM - 4PM

    409 Kiwanis Ave, Fayetteville, TN 37334

    $227,900

    • 3 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 409 Kiwanis Ave

    Check out this adorable, newly built 3-bedroom, 2-bath home located just off the square in Fayetteville! It’s got everything you need, including a fully fenced backyard with a 6' privacy fence and a 10' double gate—great for pets, kids, or just hanging out with friends and family. There’s also a nice sitting area and a spacious storage shed out back for storing your tools or toys. Inside, you’ll

    Brandon Voss Benchmark Realty, LLC

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  • Saturday, Nov 22
    Open House 11/22

    1882 Wellsbrook Dr, Fayetteville, TN 37334

    $299,900

    • 3 Beds
    • 2 Baths
    • 1,695 Sq Ft
    • 1882 Wellsbrook Dr

    Welcome to your family's next chapter! This charming 3-bedroom, 2-bathroom home offers the perfect balance of comfort and fun. A dine-in kitchen creates a perfect gathering space for casual meals and entertainment. For more formal occasions, the separate dining room provides an elegant atmosphere. The flexible floor plan includes a dedicated study, which can easily be adapted into a playroom,

    Debbie Powers Leading Edge Real Estate Group

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  • Friday, Nov 14
    Open Fri 2PM - 3PM

    17 Aurora Cir, Fayetteville, TN 37334

    $298,900

    • 4 Beds
    • 2 Baths
    • 1,866 Sq Ft
    • 17 Aurora Cir

    The Aurora is designed with maximum flexibility and livability in mind. Luxury meets affordability and just makes sense. With up to four bedrooms and the option to have a study, the Aurora is ready for any family. Welcoming your guests, enter the home through a covered porch and nicely framed front entry you will walk into the gallery. Open concept floor plan yet privacy for those who need their

    Angela Hawke Davidson Homes, LLC

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Fayetteville Has More Owners

Demographics

Total Population
7,604
Median Age
44
Population under 18
23.9%
On par with the national average
23.8%
Population over 65
23.9%
On par with the national average
19.1%

Finances

Median Household Income
$43,852
Significantly below the national average
$79,601
Average Household Income
$58,101

Education and Workforce

High School Graduates
82.6%
College Graduates
16.5%
Below the national average
34.1%
Advanced Degrees
6.2%
% Population in Labor Force
55.4%
Below the national average
64.9%

Weather

Annual Precipitation
56''
Average Winter Low Temperature
30°F
Average Summer High Temperature
90°F
Annual Snowfall
3''

Area Factors

Somewhat Bikeable

Bike Score®®

4 / 100

Car-Dependent

Walk Score®®

2 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Fayetteville