Reidsville, NC

Buyer's market-31.5% YoY

Housing market overview · Updated weekly

$157,450median sale price

Homes sold

12

Last 12 weeks

Days on market

87

Average pace

Active listings

65

5.4 months supply

Sale-to-list

95.2%

Below asking

The Reidsville housing market is currently classified as a buyer's market with a median sale price of $157,450. Prices have fallen 31.5% compared to last year, with homes spending an average of 87 days on market, indicating 5.4 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 Reidsville

There are currently 65 homes listed for sale in Reidsville, North Carolina. The median listing price is $185K.

Active listings

65

Homes on market

Median list price

$185K

Avg. days on market

87

Days until sale

New this week

17

Newly listed

Price drops:20.0%of listings
Sale-to-list:95.2%

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Frequently asked questions

What is the average home price in Reidsville?

The median home sale price in Reidsville is $157,450, down 31.5% from last year.

How long do homes stay on market in Reidsville?

Homes typically spend 87 days on market before going under contract.

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

With 5.4 months of supply, Reidsville is currently a buyer's market.

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