Siler City, NC

Buyer's market-24.0% YoY

Housing market overview · Updated weekly

$277,500median sale price

Homes sold

2

Last 12 weeks

Days on market

211

Average pace

Active listings

11

5.5 months supply

Sale-to-list

92.4%

Below asking

The Siler City housing market is currently classified as a buyer's market with a median sale price of $277,500. Prices have fallen 24.0% compared to last year, with homes spending an average of 211 days on market, indicating 5.5 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 Siler City

There are currently 11 homes listed for sale in Siler City, North Carolina. The median listing price is $364K.

Active listings

11

Homes on market

Median list price

$364K

Avg. days on market

211

Days until sale

New this week

2

Newly listed

Price drops:9.1%of listings
Sale-to-list:92.4%

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Frequently asked questions

What is the average home price in Siler City?

The median home sale price in Siler City is $277,500, down 24.0% from last year.

How long do homes stay on market in Siler City?

Homes typically spend 211 days on market before going under contract.

Is Siler City a buyer's or seller's market?

With 5.5 months of supply, Siler City is currently a buyer's market.

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