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Featured local agent — Ranlo, NC
Sarah Mitchell
Compass Real Estate · Ranlo, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ranlo, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$246,000median sale price
How is the Ranlo, NC housing market right now?
The median home sale price in Ranlo, NC is $246,000, up 4.7% year-over-year. Homes sell in an average of 47 days with 11 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 Ranlo a buyer's or seller's market?
Ranlo, NC is currently a balanced market, based on 2.8 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
47
Average pace
Active listings
11
2.8 months supply
Sale-to-list
92.8%
Below asking
What does the Ranlo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $246,000 |
| Median list price | $345,500 |
| Year-over-year price change | +4.7% |
| Average days on market | 47 days |
| Active inventory | 11 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 92.8% |
| Median price per sq ft | $183/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 2 |
| Listings with a price cut | 45.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Ranlo by property type?
How the Ranlo, 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 | $246,000 | $183/sq ft | 4 | 47 days |
Source: Redfin · Updated monthly
The Ranlo housing market is currently classified as a balanced market with a median sale price of $246,000. Prices have risen 4.7% compared to last year, with homes spending an average of 47 days on market, indicating 2.8 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 3.5x provides context for how home values compare to local earning capacity.
Homes for sale in Ranlo
There are currently 11 homes listed for sale in Ranlo, North Carolina. The median listing price is $346K.
Active listings
11
Homes on market
Median list price
$346K
Avg. days on market
47
Days until sale
New this week
2
Newly listed
Who lives in Ranlo?
Population
4,556
Median income
$75,843/yr
Median age
35 years
Owner-occupied
61.1%
College grads
20.6%
Avg commute
21.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Ranlo?
Zillow home value
$268,360
Zillow rent index
$1,930/mo
Price-to-rent ratio
11.6x
Price-to-income
3.5x
Source: Zillow Research
What is it like to live in Ranlo?
Ranlo is a community of approximately 5K residents with a median age of 35 years.The median household income is $75,843, which reflects a relatively affluent area with strong earning potential. 20.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.1%, showing a blend of owner and renter-occupied properties. The average commute time is 21.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Ranlo offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Ranlo, NC?
Want a head-to-head view? Compare Ranlo side-by-side with any other U.S. city using our market-comparison tool.
Is Ranlo a good real estate investment market?
For investors evaluating Ranlo, the price-to-rent ratio of 11.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 4.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Ranlo's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Ranlo's median home price.
Frequently asked questions
What is the average home price in Ranlo?
The median home sale price in Ranlo is $246,000, up 4.7% from last year.
How long do homes stay on market in Ranlo?
Homes typically spend 47 days on market before going under contract.
What is the median income in Ranlo?
The median household income is $75,843 per year.
Is Ranlo a buyer's or seller's market?
With 2.8 months of supply, Ranlo is currently a balanced market.
What is the Zillow home value estimate for Ranlo?
The Zillow Home Value Index (ZHVI) for Ranlo is $268,360, representing the typical home value in the area.
How much does a single-family home cost in Ranlo?
The median single-family home price in Ranlo, NC is $246,000 (about $183 per square foot).
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