31 homes sold in Southern Pines in August 2024 at a middle price of $485,000, about $227 a square foot. The middle home took 36 days to sell. Sellers received 96.3% of their first asking price on average, and 4 homes sold above it.
A year earlier, 29 homes sold at a middle price of $525,000 — sales are up 6.9% and the middle price is down 7.6%.
32 homes came on the market during the month. New construction was 19.4% of everything that sold.
As this report was written, 138 homes were for sale in Southern Pines and 32 were under contract — about 4.5 months of supply at August 2024's pace of sales.
Busiest neighborhoods in August 2024
| Neighborhood | Town | Sold | Middle price |
|---|---|---|---|
| Downtown | Southern Pines | 6 | $550,250 |
| Longleaf CC | Southern Pines | 4 | $522,500 |
| Knlwd Vlg | Southern Pines | 3 | $200,000 |
| Southern Pines | Southern Pines | 3 | $525,000 |
| Arboretum | Southern Pines | 2 | $512,500 |
| Village In Wood | Southern Pines | 2 | $334,250 |
Every month on file for Southern Pines
August 2024 elsewhere in southeastern NC
Questions, answered
How many homes sold in Southern Pines in August 2024?
31 homes sold in Southern Pines in August 2024 at a middle price of $485,000, about $227 a square foot. The middle home took 36 days to sell. Sellers received 96.3% of their first asking price on average, and 4 homes sold above it.
What is the median home price in Southern Pines?
$485,000 for homes that sold in August 2024, about $227 per square foot.
Are home prices going up or down in Southern Pines?
A year earlier, 29 homes sold at a middle price of $525,000 — sales are up 6.9% and the middle price is down 7.6%.
Which neighborhoods sold the most homes in Southern Pines?
Downtown (6), Longleaf CC (4), Knlwd Vlg (3), Southern Pines (3), Arboretum (2), Village In Wood (2).
See what's for sale now
Computed from Hive MLS records of homes that closed in August 2024 in Southern Pines. Middle = median; days on market counts every listing period for the home. Inventory figures are as of the day this report was written. Published figures are never restated — a later report may differ as late closings are recorded. Information deemed reliable but not guaranteed.