Longleaf Pine REALTORS has released its latest market analysis, revealing a 3.0% year-over-year increase in the median sales price for all properties, highlighting steady growth in the local housing market despite broader national trends.
The analysis shows that the median sales price for single-family existing homes has risen by 4.7%, reaching $268,500. This increase suggests robust local demand, even as the number of closed listings year-to-date stands at 2,376.
Nationally, the median existing-home price has reached a record high of $407,600, marking a 5.7% increase from last year. Inventory levels have also improved significantly, with a 9% increase month-over-month and a 16.3% rise year-over-year, providing a 3.5-month supply at the current sales pace.
Longleaf Pine REALTORS remains optimistic about the local market, attributing the resilience in prices to strong demand and solid market fundamentals. This positive outlook demonstrates the local market's ability to weather challenging circumstances and continue to grow.
Real Estate Highlights:
Photo provided by magnific.comWith Mother’s Day coming up this weekend, I’d like to give a shoutout to my wonderful mom, who has done so much to shape me into the person I am today. My mom, Jeanne Meador, is a brilliant example of a selfless, in
At center, Chancellor Darrell T. Allison and Juanette Council, Ed.D., vice chancellor for student affairs, cut the ribbon to celebrate the grand reopening of Fayetteville State University's newly renovated Spaulding Building, joined by campus leaders
FCEDC has officially moved its staff and operations to 611 W. Russell St. The 35,800- square-foot center was previously home to Homemakers Furniture and Interiors. Renovations began in the fall of 2025 and are expected to be completed in the next six to eight months. Currently, FCEDC staff are working within an open 7,500-square-foot floor plan as initial improvements progress.
