The Fayetteville Observer reports an increase of more than ten percent in single-family homes in the city, but the homes that are being built are about $55,000 less expensive than those built in 2011, which saw fewer, but more expensive, homes. In 2011, permits were issued for 448 single-family homes, with an average value of $219,660. In 2012, there were 448 permits, but the average was only $164,805.

The Observer suggests that this is due to consumer demand, writing that “perhaps the market within the city limits dictated less expensive homes.”