Southern Pines, NC Home Values & Market Trends

Real estate market trends reflect that there have been 385 transactions over the past year in Southern Pines. The median value for residential home transactions that occurred over the previous year is $493,491. The number of current listings in Southern Pines is 388, and the percentage of properties for sale in the city is 388.00%. Southern Pines, NC currently has 7 properties in foreclosure, 1 bank owned properties, 3 properties headed for auction, and 388 properties for sale.

Southern Pines, NC Real Estate Market Overview

ZipMedian Est. Value
28387

$ 493,491

$ 234/sqft

Housing Market Summary for Southern Pines, NC

Sep 2025September 2026Change
Median Listing Price$525K$500K-4.76%
Median Sold Price$454.4K$454.3K-0.02%
Homes For Sale23038165.65%
Homes Sold131111-15.27%
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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 Southern Pines, NC

Southern Pines home values range from $27,614 to $2,999,000. The median estimated value of a home in Southern Pines is $493,491. The median list price of a home is 500,000, and the total count of properties in the city is 513.

Foreclosure
There is 1 zips within Southern Pines, NC; within this zips, the median estimated home value for homes in foreclosure ranges from $926,358 in 28387 to the lowest value of $201,142 in 28387. Foreclosure homes account for 1.00% of properties in Southern Pines, NC with 28387 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.58% of all residential properties in Southern Pines, NC with 28387 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Southern Pines, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $585,386 in 28387 to the lowest home value of $212,204 in 28387.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Southern Pines, NC ranges from the highest value of $648,004 in 28387 to the lowest value of $648,004 in 28387. Bank owned homes and properties account for 0.19% of properties in Southern Pines, NC. There is 1 zips within Southern Pines, NC; 28387 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    28387 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Southern Pines, NC. Auction homes and other auction properties account for 0.58% of all properties in Southern Pines, NC. There is 1 zips within Southern Pines, NC; of that zips, the median estimated home value for homes going to auction ranges from $926,358 in 28387 to the lowest value of $201,142 in 28387.
Homes for Sale
Homes and properties that are actively listed for sale account for 75.63% of residential properties in Southern Pines, NC with 28387 containing 388 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Southern Pines, NC; homes for sale in that zips, have a range of median values from $2,999,000 in 28387 to the lowest value of $62,500 in 28387.
    Sold Homes
    The median value for recently sold homes ranges from $1,611,302 in 28387 to the lowest price of $27,614 in 28387. There is 1 zips within Southern Pines, NC. 28387 has 111 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 21.64% of properties in Southern Pines, NC.

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      Guide for Southern Pines, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.