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Fayetteville Mortgage Quotes And Real Estate


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Fayetteville Mortgage and Real Estate Facts

Overview

In Fayetteville there are 3,076 individual units of housing (the total of apartments, houses, and condos). As of 2000, the share of housing units in the city that were owner-occupied was 57%.

Fayetteville Mortgage

In Fayetteville, 45% of housing units (exluding rentals) have a mortgage. About 7% of houses and condos in the city have a home equity loan or second mortgage.

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Fayetteville Mortgage Statistics

CategoryValue
Homes With No Mortgage55%
With A Mortgage45%
First Mortgage Only38%
Second Mortgage or Home Equity Loan7%
Second Mortgage Only4%
Home Equity Loan Only3%

Fayetteville Housing Expenses

CategoryValue
Owner Costs as % of Income17%
Median Real Estate Taxes (2000)$553

Fayetteville Household Size

CategoryValue
Total Occupied3,076
1-Person Households36%
2-Person Households34%
3-Person Households16%
4-Person Households9%
5-Person Households3%
6-Person Households1%
7+-Person Households1%

Fayetteville Housing Stock

CategoryValue
Median Year Built1964
Median Year Built (Owner Occupied)1960
Median Year Built (Renter Occupied)1971

Fayetteville Home Heating

CategoryValue
Using Utility Co. Gas Heat83%
Using Bottled/Tank Gas Heat2%
Using Electric Heat14%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Fayetteville Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms26%
3 Bedrooms50%
4 Bedrooms17%
5+ Bedrooms5%

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