Reidsville, NC Home Values & Market Trends

Real estate market trends reflect that there have been 617 transactions over the past year in Reidsville. The median value for residential home transactions that occurred over the previous year is $202,317.41. The number of current listings in Reidsville is 39, and the percentage of properties for sale in the city is 39.00%. Reidsville, NC currently has 21 properties in foreclosure, 2 bank owned properties, 13 properties headed for auction, and 39 properties for sale.

Reidsville, NC Real Estate Market Overview

ZipMedian Est. Value
27320

$ 195,000

$ 126/sqft

Housing Market Summary for Reidsville, NC

Apr 2023March 2024Change
Median Listing Price$175K$176K0.57%
Median Sold Price$156K$176K12.82%
Homes For Sale31336.45%
Homes Sold324277-14.51%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Reidsville, NC

Reidsville home values range from $11,050 to $2,210,606. The median estimated value of a home in Reidsville is $202,317.41. The median list price of a home is 200,000, and the total count of properties in the city is 15,055.

Foreclosure
There is 1 zips within Reidsville, NC; within this zips, the median estimated home value for homes in foreclosure ranges from $428,334 in 27320 to the lowest value of $98,577 in 27320. Foreclosure homes account for 0.00% of properties in Reidsville, NC with 27320 containing 21 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in Reidsville, NC with 27320 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Reidsville, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $234,368 in 27320 to the lowest home value of $157,000 in 27320.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Reidsville, NC ranges from the highest value of $428,334 in 27320 to the lowest value of $201,292 in 27320. Bank owned homes and properties account for 0.01% of properties in Reidsville, NC. There is 1 zips within Reidsville, NC; 27320 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    27320 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Reidsville, NC. Auction homes and other auction properties account for 0.09% of all properties in Reidsville, NC. There is 1 zips within Reidsville, NC; of that zips, the median estimated home value for homes going to auction ranges from $309,317 in 27320 to the lowest value of $98,577 in 27320.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.26% of residential properties in Reidsville, NC with 27320 containing 39 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Reidsville, NC; homes for sale in that zips, have a range of median values from $873,726 in 27320 to the lowest value of $26,460 in 27320.
    Sold Homes
    The median value for recently sold homes ranges from $1,252,989 in 27320 to the lowest price of $20,300 in 27320. There is 1 zips within Reidsville, NC. 27320 has 307 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.04% of properties in Reidsville, NC.

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      Guide for Reidsville, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Asheville, North Carolina Real Estate Market Snapshot – April 2024
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Asheville, North Carolina Real Estate Market Snapshot – April 2024
      Buy to Rent|posted 17 April 2024

      A look at the Asheville’s real estate market trends from May 2023 to March 2024, highlighting key trends and dynamics in home values, sale prices, and supply.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Recently Listed Homes Reidsville, NC

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