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Featured local agent — Speed, NC
Sarah Mitchell
Compass Real Estate · Speed, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Speed, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$50,000median sale price
How is the Speed, NC housing market right now?
The median home sale price in Speed, NC is $50,000. Homes sell in an average of 157 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of January 2024 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Speed a buyer's or seller's market?
Speed, NC is currently a buyer's market and homes selling in about 157 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
157
Average pace
Active listings
—
Sale-to-list
83.5%
Below asking
What does the Speed housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $50,000 |
| Average days on market | 157 days |
| Sale-to-list price ratio | 83.5% |
| Median price per sq ft | $22/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Speed by property type?
How the Speed, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $50,000 | $22/sq ft | 1 | 157 days |
Source: Redfin · Updated monthly
The Speed housing market is currently classified as a buyer's market with a median sale price of $50,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 157 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Speed
Explore homes currently listed for sale in Speed, North Carolina across major real estate platforms.
Who lives in Speed?
Population
81
Median age
61.8 years
Owner-occupied
76.1%
College grads
5.2%
Avg commute
19.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Speed?
Speed is a community of approximately 0K residents with a median age of 61.8 years. 5.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 76.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Speed offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Speed, NC?
Want a head-to-head view? Compare Speed side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Speed?
The median home sale price in Speed is $50,000, down 0.0% from last year.
How long do homes stay on market in Speed?
Homes typically spend 157 days on market before going under contract.
How much does a single-family home cost in Speed?
The median single-family home price in Speed, NC is $50,000 (about $22 per square foot).
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