Balfour, NC
Housing market overview · Updated weekly
$397,500median sale price
Homes sold
1
Last 12 weeks
Days on market
125
Average pace
Active listings
8
8.0 months supply
Sale-to-list
93.5%
Below asking
The Balfour housing market is currently classified as a buyer's market with a median sale price of $397,500. Prices have risen 11.2% compared to last year, with homes spending an average of 125 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Balfour
There are currently 8 homes listed for sale in Balfour, North Carolina. The median listing price is $330K.
Active listings
8
Homes on market
Median list price
$330K
Avg. days on market
125
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Balfour?
The median home sale price in Balfour is $397,500, up 11.2% from last year.
How long do homes stay on market in Balfour?
Homes typically spend 125 days on market before going under contract.
Is Balfour a buyer's or seller's market?
With 8.0 months of supply, Balfour is currently a buyer's market.
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