Southern Pines, NC

Buyer's market+24.3% YoY

Housing market overview · Updated weekly

$595,000median sale price

Homes sold

18

Last 12 weeks

Days on market

83

Average pace

Active listings

143

7.9 months supply

Sale-to-list

95.6%

Below asking

The Southern Pines housing market is currently classified as a buyer's market with a median sale price of $595,000. Prices have risen 24.3% compared to last year, with homes spending an average of 83 days on market, indicating 7.9 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 Southern Pines

There are currently 143 homes listed for sale in Southern Pines, North Carolina. The median listing price is $615K.

Active listings

143

Homes on market

Median list price

$615K

Avg. days on market

83

Days until sale

New this week

42

Newly listed

Price drops:8.4%of listings
Sale-to-list:95.6%

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Frequently asked questions

What is the average home price in Southern Pines?

The median home sale price in Southern Pines is $595,000, up 24.3% from last year.

How long do homes stay on market in Southern Pines?

Homes typically spend 83 days on market before going under contract.

Is Southern Pines a buyer's or seller's market?

With 7.9 months of supply, Southern Pines is currently a buyer's market.

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