New - 6 hours on Rocket
$3,503 Closing Credit¹
#LP739129, JASON BRIGMON, Listing Office: KELLER WILLIAMS REALTY (FAYETTEVILLE)
Raeford Housing Market Report January 2025•Hoke County, North Carolina
Housing Prices in Raeford, NC
How much do homes in Raeford, NC cost?
Housing Market Conditions
Is Raeford, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Raeford is a Neutral Market
Difference Since January 2024
At the same time last year, Raeford was a Seller's Market.
Insight
Raeford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$289,489$156/SqFt
-$2,710
-0.9%
Based on all homes sold in the last 12 months
Insight
Homes in Raeford have sold for 0.9% less than they did a year ago.
Summary: The median home sold price in Raeford was $289,489 in January 2025, down 0.9% from last year, and the median price per square foot was $156.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Raeford | $292.2K | $289.4K | -0.9% |
| Raeford Township | $292.4K | $289.5K | -1.0% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $56K | - | N/A |
| 22 Bedrooms | $165K | $139K | -15.8% |
| 33 Bedrooms | $255.2K | $269.9K | +5.7% |
| 44 Bedrooms | $336.3K | $337K | 0.2% |
| 55+ Bedrooms | $393K | $409.7K | +4.2% |
Summary: Raeford housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -15.8%. The home price for 3 bedroom homes increased by +5.7%. The home price for 4 bedroom homes increased by 0.2%. The home price for 5 bedroom homes increased by +4.2%.
Housing supply in Raeford, NC
How many homes are available in Raeford, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 264Last MonthJan 2025 | ||
| 2602 months agoDec 2024 | +1.5 % Change MoMDec – Jan |
Summary: The Raeford real estate market had 264 homes for sale in Jan 2025, a 1.5 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 38Last MonthJan 2025 | ||
| 622 months agoDec 2024 | -38.7 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 5 | 5 | 0.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
| 33 Bedrooms | 138 | 124 | -10.1% |
| 44 Bedrooms | 100 | 111 | +11.0% |
| 55+ Bedrooms | 17 | 24 | +41.2% |
Summary: Raeford housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -10.1%. The inventory for 4 bedroom homes increased by +11.0%. The inventory for 5 bedroom homes increased by +41.2%.
Asking Price vs. Sold Price
How much do homes in Raeford, NC cost?
Over Asking Price9 Homes
At Asking Price14 Homes
Under Asking Price15 Homes
Insight
If you're buying a home in Raeford, you may be able to get a good deal. 39.5% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Raeford in January 2025, down by 38.7% month-over-month. Of the 38 sold homes, 39% were sold under asking, 37% were sold at asking, and and 24% were sold over asking.
Days on Market for Raeford, NC
How long does it take to sell a home in Raeford, NC?
Breakdown of Home Sale Times
Under 30 Days22 Homes
30 – 90 Days8 Homes
Over 90 Days8 Homes
Insight
Many homes in Raeford are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 38 homes were sold in Raeford; 58% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 50 DaysThis YearJan 2025 | ||
| 57 Days1 year agoJan 2024 | -12.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Raeford had an average listing age of 50 days in Jan 2025, down by 12.0% compared to the previous year.
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Newest Listings in Raeford, NC
What homes are available in Raeford, NC?
New - 11 hours on Rocket
$3,599 Closing Credit¹
#LP739222, TEAM DREAM, Listing Office: DREAM FINDERS REALTY, LLC.
New - 15 hours on Rocket
$3,799 Closing Credit¹
#LP739154, ASHLEY TUCKER, Listing Office: COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
New - 1 day on Rocket
$3,681 Closing Credit¹
#LP738923, TIER ONE REAL ESTATE SERVICES, ZACHARY BURTON, Listing Office: COLDWELL BANKER ADVANTAGE - YADKIN ROAD
New - 1 day on Rocket
$3,479 Closing Credit¹
#LP739124, THE SIGNATURE GROUP, MOLLY WIGHT, Listing Office: KELLER WILLIAMS REALTY (FAYETTEVILLE)
New - 1 day on Rocket
$4,366 Closing Credit¹
#LP739145, LATOYA COUNCIL, Listing Office: DR HORTON INC.
New - 1 day on Rocket
$4,551 Closing Credit¹
#LP739144, LATOYA COUNCIL, Listing Office: DR HORTON INC.
New - 1 day on Rocket
$4,824 Closing Credit¹
#LP739143, LATOYA COUNCIL, Listing Office: DR HORTON INC.
New - 2 days on Rocket
$4,753 Closing Credit¹
#LP739140, LATOYA COUNCIL, Listing Office: DR HORTON INC.
New - 2 days on Rocket
$4,480 Closing Credit¹
#LP739138, LATOYA COUNCIL, Listing Office: DR HORTON INC.
New - 2 days on Rocket
$4,551 Closing Credit¹
#LP739078, LATOYA COUNCIL, Listing Office: DR HORTON INC.
New - 3 days on Rocket
$3,764 Closing Credit¹
#LP738028, KATARZYNA TAPIA, Listing Office: FATHOM REALTY NC, LLC FAY.
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Based on information from Doorify MLS, Hive MLS, Longleaf Pine REALTORS®, and Canopy MLS for the period 02/01/2023 - 02/01/2025
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Last updated on: 2/21/2025, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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