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Sarah Mitchell

CNESRESABR

Compass Real Estate · Faith, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Faith, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Faith, NC Housing Market

Seller's market-23.7% YoY
Redfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The last median sale price Redfin published was $266,000, -23.7% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 41 days, Faith is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $266,000 home is about $1,420/mo in principal and interest.

Key numbers for Faith, NC

Median sale price

$266,000

-23.7% year over year

Redfin, through May 2026

Days on market

41

Average pace

Redfin, through May 2026

Active listings

2

2.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$128,274

Home costs 2.1x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.4%

Selling above asking

Redfin, through May 2026

Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Faith a buyer's or seller's market?

Seller's market2.0 months of supply41 days on market100.4% of asking

Faith, NC is a seller's market, based on 2.0 months of supply and homes selling in about 41 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Faith housing market data show?

Every row below is Redfin's final published month for Faith, NC. Redfin, through May 2026

Housing market statistics for Faith, NC, Redfin through May 2026
MetricValue
Median sale price$266,000
Median list price$366,839
Year-over-year price change-23.7%
Median price per sq ft$255/sq ft
Median days on market41 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio100.4%
Homes sold (that month)1
New listings (that month)2
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Faith is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Faith is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Faith home prices moved?

Across the 34 months we hold for Faith, NC, the median sale price fell 33.0%, from $397,000 in April 2021 to $266,000. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 100.4%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Faith?

Priced off the median sale price of $266,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Faith, NC
Down paymentCash at closeLoan amountMonthly P&I
20%$53,200$212,800$1,420/mo
5%$13,300$252,700$1,686/mo

Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,420, that implies roughly $60,859 a year before you add taxes and insurance. The median household in Faith earns $128,274, about $67,415 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.1x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Faith in the next 12 months?

Tell us your timeline. We send the Faith market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Faith?

Zillow does not publish a rent index (ZORI) for Faith, NC, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Faith?

Active listings in Faith, NC went from 2 in May 2024 to 2 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Faith, NC
MonthActive listingsNew listings
August 202441
September 202431
October 202432
November 20242not published
December 20241not published
April 202564
May 202531
July 202531
September 20252not published
October 20252not published
April 20261not published
May 202622

Redfin, through May 2026

How does Faith compare to North Carolina and the U.S.?

Faith homes sell for $266,000 — 33% below the North Carolina median of $397,600. Against the national median of $410,700, Faith runs 35% lower. Year-over-year, Faith moved -23.7% against North Carolina's +2.1% — a bigger swing than the state as a whole.

Faith, NC compared with North Carolina and the United States
MarketMedian sale priceYoYDays on market
Faith, NC$266,000-23.7%41 days
North Carolina statewide$397,600+2.1%52 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Faith

What buyers should watch

  • Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The gap between 5% and 20% down here is $266 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $266,000 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Faith listing goes under contract in 41 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.4% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Faith added 2 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
  • Comparable ZIP-level pricing inside Faith varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Faith

There are currently 2 homes listed for sale in Faith, North Carolina. The median listing price is $367K.

Active listings

2

Homes on market

Median list price

$367K

Avg. days on market

41

Days until sale

New this week

2

Newly listed

Sale-to-list:100.4%

How much do homes cost in Faith by property type?

How the Faith, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Faith, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$266,000$255/sq ft141 days

Who lives in Faith?

American Community Survey estimates for Faith. U.S. Census ACS, 2023

Population

1,090

Households

441

Median income

$128,274/yr

Median age

44.5 years

Owner-occupied

90.5%

Median home value

$249,800

Median gross rent

$927/mo

Mean commute

28.5 min

90.5% of occupied homes in Faith are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.

Which public schools serve Faith?

1 schools tracked · 783 students

The largest public schools serving Faith, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Faith Academy Charter School

Grades K-9 · 783 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Faith, NC?

Ordered by distance from Faith, not by size. Compare Faith side by side with any of them.

Faith housing market FAQ

Is Faith a buyer's or seller's market?

Faith, NC is currently a seller's market. That read comes from 2.0 months of supply, homes going under contract in about 41 days, and sellers getting 100.4% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Faith?

The median sale price in the last month Redfin published was $266,000, about $255 per square foot.

Is Faith cheaper than the rest of North Carolina?

Faith's median sale price of $266,000 is 33% lower than the North Carolina statewide median of $397,600, and 35% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Faith?

Homes in Faith, NC spent a median of 41 days on market before going under contract, versus 52 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Faith?

At the current 30-year fixed rate of 7.03%, 20% down on a $266,000 home is about $1,420 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $60,859 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $128,274.

Are home prices rising in Faith?

Redfin's last published year-over-year change for Faith, NC was -23.7%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.

What are the cheapest ZIP codes in Faith?

Faith ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Faith?

That depends on your timeline, not on a headline. What the data says today: Faith, NC is a seller's market with 2.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $266,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.