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Fayetteville housing market: Inventory expands as pending sales and new listings rise

By Staff Report, posted May 26, 2026 on BizFayetteville.com

The Longleaf Pine REALTORS® recently released its April 2026 housing market statistics, offering insight into current real estate trends across the southeast in North Carolina. The latest data reflects continued inventory growth, increased new listings, stronger pending sales and steady pricing, even as closed sales slowed compared to last year.
Key Market Statistics – April 2026
Total Closed Sales: 626 (▼ 9.1% year-over-year)
Pending Sales: 783 (▲ 9.4% year-over-year)
Median Sales Price: $299,803 (▲ 1.8% year-over-year)
Average Sales Price: $311,744 (▲ 4.2% year-over-year)
Active Inventory: 2,392 homes (▲ 14.7% year-over-year)
Months of Supply: 3.8 months
Average Days on Market: 68 days (▲ 11.5% year-over-year)
New Listings: 1,093 (▲ 8.6% year-over-year)
April’s data points to a regional housing market that remains active but more balanced than a year ago. New listings and pending sales both increased, showing that buyers and sellers are still participating in the spring market. At the same time, closed sales declined 9.1% year over year, suggesting that market activity is not moving at the same pace across all segments.
Compared with March, April brought additional inventory and more new listings to the market. New listings increased from 1,053 in March to 1,093 in April, while closed sales declined from 679 to 626. The median sales price remained steady, rising slightly from $299,063 in March to $299,803 in April. This reflects a market where pricing remains resilient, even as buyers have more options and slightly more time to make decisions.
Market performance continued to vary by property type. Existing single-family homes remained the largest segment of activity, with 454 closed sales, nearly even with last year, and a median sales price of $274,500, up 2.3%. Single-family new construction saw new listings rise 40.3% and pending sales increase 26.2%, while closed sales declined 21.6% to 152. Townhouse and condominium activity softened, with closed sales down 50.0% to 20 and median sales price down 13.4% to $154,500.
Inventory trends continue to show a market moving toward greater balance. Existing single-family inventory increased to 1,404 homes with 3.2 months of supply, new construction inventory rose to 823 homes with 5.2 months of supply, and townhouse/condo inventory increased to 165 homes with 5.5 months of supply. Overall, the region had 2,392 homes for sale at the end of April, up 14.7% from the same period last year.
The broader 12-month view shows a steady but segmented market. For the rolling 12-month period ending in April 2026, pending sales were up 0.3% overall, with the strongest gain in the $ 350,000-and-above price range, where activity increased 7.6%. The rolling median sales price increased 3.1% to $299,000, while townhouse/condo properties posted the largest price gain by property type, rising 11.0% to $188,750. The fastest-moving price range remained $150,000 to $249,999 in 41 days, while homes priced at $350,000 and above took the longest to sell at 74 days.
“April’s data reflects a market that is gaining inventory while remaining active in key segments,” said Candi Quigley, president of Longleaf Pine REALTORS®, in a press release. “More homes on the market give buyers additional options, but the numbers also show that pricing, location, and property type continue to make a major difference.”
In a market that continues to shift by county, price point, and property type, working with a REALTOR® remains one of the best ways to make confident, informed decisions.
 

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