Spout Springs, NC

Buyer's market+11.7% YoY

Housing market overview · Updated weekly

$360,000median sale price

Homes sold

9

Last 12 weeks

Days on market

112

Average pace

Active listings

47

5.2 months supply

Sale-to-list

99.5%

Below asking

The Spout Springs housing market is currently classified as a buyer's market with a median sale price of $360,000. Prices have risen 11.7% compared to last year, with homes spending an average of 112 days on market, indicating 5.2 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 Spout Springs

There are currently 47 homes listed for sale in Spout Springs, North Carolina. The median listing price is $370K.

Active listings

47

Homes on market

Median list price

$370K

Avg. days on market

112

Days until sale

New this week

17

Newly listed

Price drops:10.6%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Spout Springs?

The median home sale price in Spout Springs is $360,000, up 11.7% from last year.

How long do homes stay on market in Spout Springs?

Homes typically spend 112 days on market before going under contract.

Is Spout Springs a buyer's or seller's market?

With 5.2 months of supply, Spout Springs is currently a buyer's market.

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