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Featured local agent — Red Springs, NC
Sarah Mitchell
Compass Real Estate · Red Springs, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Red Springs, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$110,000median sale price
How is the Red Springs, NC housing market right now?
The median home sale price in Red Springs, NC is $110,000, down 40.2% year-over-year. Homes sell in an average of 56 days with 11 active listings. The market is currently a buyer's 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 Red Springs a buyer's or seller's market?
Red Springs, NC is currently a buyer's market, based on 11.0 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
56
Average pace
Active listings
11
11.0 months supply
Sale-to-list
91.7%
Below asking
What does the Red Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $110,000 |
| Median list price | $113,950 |
| Year-over-year price change | -40.2% |
| Average days on market | 56 days |
| Active inventory | 11 listings |
| Months of supply | 11.0 months |
| Sale-to-list price ratio | 91.7% |
| Median price per sq ft | $100/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 4 |
| Listings with a price cut | 27.3% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Red Springs by property type?
How the Red Springs, 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 | $110,000 | $100/sq ft | 1 | 56 days |
Source: Redfin · Updated monthly
The Red Springs housing market is currently classified as a buyer's market with a median sale price of $110,000. Prices have fallen 40.2% compared to last year, with homes spending an average of 56 days on market, indicating 11.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.4x provides context for how home values compare to local earning capacity.
Homes for sale in Red Springs
There are currently 11 homes listed for sale in Red Springs, North Carolina. The median listing price is $114K.
Active listings
11
Homes on market
Median list price
$114K
Avg. days on market
56
Days until sale
New this week
4
Newly listed
Who lives in Red Springs?
Population
3,107
Median income
$19,752/yr
Median age
32.9 years
Owner-occupied
54.6%
College grads
16.0%
Avg commute
23.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Red Springs?
Zillow home value
$107,079
Price-to-income
5.4x
Source: Zillow Research
What is it like to live in Red Springs?
Red Springs is a community of approximately 3K residents with a median age of 32.9 years.The median household income is $19,752, which represents a working-class community with solid middle-income opportunities. 16.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 54.6%, showing a blend of owner and renter-occupied properties. The average commute time is 23.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Red Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Red Springs?
4 schools tracked · 2,309 students
The largest public schools serving Red Springs, 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.
Red Springs High
Grades 9-12 · 854 students
Red Springs Middle
Grades 5-8 · 580 students
Peterson Elementary
Grades PK-4 · 539 students
Hawk Eye Elementary
Grades PK-5 · 336 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 Red Springs, NC?
Want a head-to-head view? Compare Red Springs side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Red Springs?
The median home sale price in Red Springs is $110,000, down 40.2% from last year.
How long do homes stay on market in Red Springs?
Homes typically spend 56 days on market before going under contract.
What is the median income in Red Springs?
The median household income is $19,752 per year.
Is Red Springs a buyer's or seller's market?
With 11.0 months of supply, Red Springs is currently a buyer's market.
What is the Zillow home value estimate for Red Springs?
The Zillow Home Value Index (ZHVI) for Red Springs is $107,079, representing the typical home value in the area.
How much does a single-family home cost in Red Springs?
The median single-family home price in Red Springs, NC is $110,000 (about $100 per square foot).
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