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Featured local agent — Southern Shores, NC

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Southern Shores, NC

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

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

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Southern Shores, NC Housing Market & Real Estate

Buyer's market-1.9% YoY

Housing market overview · Updated monthly ·

$785,000median sale price

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

The median home sale price in Southern Shores, NC is $785,000, down 1.9% year-over-year. Homes sell in an average of 67 days with 32 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 Shores a buyer's or seller's market?

Buyer's market4.0 months of supply67 avg. days on market

Southern Shores, NC is currently a buyer's market, based on 4.0 months of supply and homes selling in about 67 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

67

Average pace

Active listings

32

4.0 months supply

Sale-to-list

95.8%

Below asking

What does the Southern Shores housing market data show?

Current housing market statistics for Southern Shores, NC
MetricValue
Median sale price$785,000
Median list price$1.02M
Year-over-year price change-1.9%
Average days on market67 days
Active inventory32 listings
Months of supply4.0 months
Sale-to-list price ratio95.8%
Median price per sq ft$342/sq ft
Homes sold (latest month)8
New listings (latest month)10
Listings with a price cut21.9%
Market conditionBuyer's market

Source: Redfin · Updated monthly

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

How the Southern Shores, 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 Shores, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$785,000$342/sq ft867 days
Condo / Co-op$1.19M$520/sq ft150 days

Source: Redfin · Updated monthly

The Southern Shores housing market is currently classified as a buyer's market with a median sale price of $785,000. Prices have fallen 1.9% compared to last year, with homes spending an average of 67 days on market, indicating 4.0 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 7.0x provides context for how home values compare to local earning capacity.

Homes for sale in Southern Shores

There are currently 32 homes listed for sale in Southern Shores, North Carolina. The median listing price is $1.0M.

Active listings

32

Homes on market

Median list price

$1.0M

Avg. days on market

67

Days until sale

New this week

10

Newly listed

Price drops:21.9%of listings
Sale-to-list:95.8%

Who lives in Southern Shores?

Population

3,119

Median income

$116,859/yr

Median age

57.4 years

Owner-occupied

87.9%

College grads

56.7%

Avg commute

24.6 min

Source: U.S. Census Bureau ACS

What are homes worth in Southern Shores?

Zillow home value

$818,661

Price-to-income

7.0x

Source: Zillow Research

What is it like to live in Southern Shores?

Southern Shores is a community of approximately 3K residents with a median age of 57.4 years.The median household income is $116,859, which reflects a relatively affluent area with strong earning potential. 56.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 87.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Southern Shores offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Southern Shores, NC?

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

Frequently asked questions

What is the average home price in Southern Shores?

The median home sale price in Southern Shores is $785,000, down 1.9% from last year.

How long do homes stay on market in Southern Shores?

Homes typically spend 67 days on market before going under contract.

What is the median income in Southern Shores?

The median household income is $116,859 per year.

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

With 4.0 months of supply, Southern Shores is currently a buyer's market.

What is the Zillow home value estimate for Southern Shores?

The Zillow Home Value Index (ZHVI) for Southern Shores is $818,661, representing the typical home value in the area.

What is the median condo price in Southern Shores?

The median condo/co-op sale price in Southern Shores, NC is $1.19M, compared to $785,000 for a single-family home, based on the latest Redfin data.

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

The median single-family home price in Southern Shores, NC is $785,000 (about $342 per square foot).

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