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Featured local agent — Raeford, NC
Sarah Mitchell
Compass Real Estate · Raeford, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Raeford, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$310,000median sale price
How is the Raeford, NC housing market right now?
The median home sale price in Raeford, NC is $310,000, down 2.2% year-over-year. Homes sell in an average of 29 days with 23 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Raeford a buyer's or seller's market?
Raeford, NC is currently a balanced market, based on 3.3 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
29
Average pace
Active listings
23
3.3 months supply
Sale-to-list
100.0%
Above asking
What does the Raeford housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $310,000 |
| Median list price | $275,000 |
| Year-over-year price change | -2.2% |
| Average days on market | 29 days |
| Active inventory | 23 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $161/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 9 |
| Listings with a price cut | 26.1% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Raeford by property type?
How the Raeford, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $310,000 | $161/sq ft | 7 | 29 days |
Source: Redfin · Updated monthly
The Raeford housing market is currently classified as a balanced market with a median sale price of $310,000. Prices have fallen 2.2% compared to last year, with homes spending an average of 29 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in Raeford
There are currently 23 homes listed for sale in Raeford, North Carolina. The median listing price is $275K.
Active listings
23
Homes on market
Median list price
$275K
Avg. days on market
29
Days until sale
New this week
9
Newly listed
Who lives in Raeford?
Population
4,545
Median income
$43,311/yr
Median age
36.2 years
Owner-occupied
58.7%
College grads
20.4%
Avg commute
23.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Raeford?
Zillow home value
$287,165
Zillow rent index
$1,745/mo
Price-to-rent ratio
13.7x
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in Raeford?
Raeford is a community of approximately 5K residents with a median age of 36.2 years.The median household income is $43,311, which represents a working-class community with solid middle-income opportunities. 20.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 58.7%, showing a blend of owner and renter-occupied properties. The average commute time is 23.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Raeford offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Raeford?
11 schools tracked · 7,247 students
The largest public schools serving Raeford, 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.
Hoke County High
Grades 9-12 · 2,115 students
East Hoke Middle
Grades 6-8 · 777 students
Don D Steed Elementary
Grades PK-5 · 678 students
Upchurch Elementary
Grades PK-5 · 645 students
Rockfish Hoke Elementary
Grades PK-5 · 617 students
West Hoke Middle
Grades 6-8 · 597 students
Scurlock Elementary
Grades PK-5 · 588 students
West Hoke Elementary
Grades PK-5 · 459 students
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 Raeford, NC?
Want a head-to-head view? Compare Raeford side-by-side with any other U.S. city using our market-comparison tool.
Is Raeford a good real estate investment market?
For investors evaluating Raeford, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 2.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Raeford's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Raeford's median home price.
Frequently asked questions
What is the average home price in Raeford?
The median home sale price in Raeford is $310,000, down 2.2% from last year.
How long do homes stay on market in Raeford?
Homes typically spend 29 days on market before going under contract.
What is the median income in Raeford?
The median household income is $43,311 per year.
Is Raeford a buyer's or seller's market?
With 3.3 months of supply, Raeford is currently a balanced market.
What is the Zillow home value estimate for Raeford?
The Zillow Home Value Index (ZHVI) for Raeford is $287,165, representing the typical home value in the area.
How much does a single-family home cost in Raeford?
The median single-family home price in Raeford, NC is $310,000 (about $161 per square foot).
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