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Sarah Mitchell

CNESRESABR

Compass Real Estate · Southern Pines, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Southern Pines, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Southern Pines, NC Housing Market & Real Estate

Buyer's market+5.8% YoY

Housing market overview · Updated monthly ·

$635,000median sale price

How is the Southern Pines, NC housing market right now?

The median home sale price in Southern Pines, NC is $635,000, up 5.8% year-over-year. Homes sell in an average of 57 days with 173 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 Southern Pines a buyer's or seller's market?

Buyer's market7.2 months of supply57 avg. days on market

Southern Pines, NC is currently a buyer's market, based on 7.2 months of supply and homes selling in about 57 days. How we determine this →

Homes sold

24

Last 12 weeks

Days on market

57

Average pace

Active listings

173

7.2 months supply

Sale-to-list

98.1%

Below asking

What does the Southern Pines housing market data show?

Current housing market statistics for Southern Pines, NC
MetricValue
Median sale price$635,000
Median list price$592,450
Year-over-year price change+5.8%
Average days on market57 days
Active inventory173 listings
Months of supply7.2 months
Sale-to-list price ratio98.1%
Median price per sq ft$237/sq ft
Homes sold (latest month)24
New listings (latest month)44
Listings with a price cut33.5%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Southern Pines by property type?

How the Southern Pines, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Southern Pines, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$680,000$265/sq ft2162 days
Condo / Co-op$240,000$235/sq ft120 days
Townhouse$421,250$191/sq ft270 days

Source: Redfin · Updated monthly

The Southern Pines housing market is currently classified as a buyer's market with a median sale price of $635,000. Prices have risen 5.8% compared to last year, with homes spending an average of 57 days on market, indicating 7.2 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 5.5x provides context for how home values compare to local earning capacity.

Homes for sale in Southern Pines

There are currently 173 homes listed for sale in Southern Pines, North Carolina. The median listing price is $592K.

Active listings

173

Homes on market

Median list price

$592K

Avg. days on market

57

Days until sale

New this week

44

Newly listed

Price drops:33.5%of listings
Sale-to-list:98.1%

Who lives in Southern Pines?

Population

16,052

Median income

$83,681/yr

Median age

38.6 years

Owner-occupied

56.9%

College grads

54.7%

Avg commute

24 min

Source: U.S. Census Bureau ACS

What are homes worth in Southern Pines?

Zillow home value

$462,912

Zillow rent index

$1,770/mo

Price-to-rent ratio

21.8x

Price-to-income

5.5x

Source: Zillow Research

What is it like to live in Southern Pines?

Southern Pines is a community of approximately 16K residents with a median age of 38.6 years.The median household income is $83,681, which reflects a relatively affluent area with strong earning potential. 54.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 56.9%, showing a blend of owner and renter-occupied properties. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Southern Pines offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Southern Pines?

4 schools tracked · 3,794 students

The largest public schools serving Southern Pines, 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.

Pinecrest High

Grades 9-12 · 2,310 students

Public

McDeeds Creek Elementary

Grades K-5 · 660 students

Public

Southern Pines Elementary

Grades PK-5 · 590 students

Public

Moore Montessori Community School

Grades K-7 · 234 students

Charter

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 Southern Pines, NC?

Want a head-to-head view? Compare Southern Pines side-by-side with any other U.S. city using our market-comparison tool.

Is Southern Pines a good real estate investment market?

For investors evaluating Southern Pines, the price-to-rent ratio of 21.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.8% 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 Southern Pines's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Southern Pines's median home price.

Frequently asked questions

What is the average home price in Southern Pines?

The median home sale price in Southern Pines is $635,000, up 5.8% from last year.

How long do homes stay on market in Southern Pines?

Homes typically spend 57 days on market before going under contract.

What is the median income in Southern Pines?

The median household income is $83,681 per year.

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

With 7.2 months of supply, Southern Pines is currently a buyer's market.

What is the Zillow home value estimate for Southern Pines?

The Zillow Home Value Index (ZHVI) for Southern Pines is $462,912, representing the typical home value in the area.

What is the median condo price in Southern Pines?

The median condo/co-op sale price in Southern Pines, NC is $240,000, compared to $680,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Southern Pines?

The median single-family home price in Southern Pines, NC is $680,000 (about $265 per square foot).

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