How does the housing market look in 28377? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
28377 Red Springs, NC
Median Sale Price
$190,000
161.5%
New Listings
3
50.0%
Number of Homes Sold
3
40.0%
Median Days on Market
132
109.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in 28377, Red Springs, NC sold for a median price of $190,000, up 161.5% compared to the same period last year. The median price per square foot was $101.38, up 61.3% year-over-year. There were 3 homes sold, down from 5 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 28377, Red Springs, NC was 12, up 71.4% compared to last year. In the last 30 days, 3 new homes were listed for sale, up 50% year-over-year. The median days on market was 132, up from 63 days last year. The months of supply was 1.67, up from 1 month last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 28377, Red Springs, NC had a median sale-to-list-price ratio of 82%, down 13.5 pt compared to the same period last year. 0% of homes sold above list price, down 25 pt year-over-year. 66.67% of homes listed dropped in price, up 41.7 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In 28377
NIPPER PROPERTIES • MLS LP699848 • Status: Active
TOWNSEND REAL ESTATE • MLS LP697700 • Status: Active
SWEET MAGNOLIA REALTY, LLC. • MLS LP697012 • Status: Active
COLDWELL BANKER ADVANTAGE - FAYETTEVILLE • MLS LP695837 • Status: Active