Not for everyone ... but I liked it I think many need to remember that this is a play being adapted for the big screen ... so it's unlikely to be driven by action. Rather, Fences is driven by the excellent performances of Denzel Washington and Viola Davis, and is also driven by the excellent adapted screenplay by playwright August Wilson.
The further you watch the more invested you become. Troy Maxson was by far my favourite character ... despite the wrongs he committed, I always felt that I could see a little bit of myself in him, which thus made me extremely invested in the story.
This isn't for anyone. If you aren't a fan of minimalism, or stripped back dialogue then you may find yourself bored. However, if you enjoy character driven stories then this will be right up your alley.