Sanford Housing Market Report February 2025•Lee County, North Carolina

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Housing Prices in Sanford, NC

How much do homes in Sanford, NC cost?

Housing Market Conditions

Is Sanford, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Sanford is a Neutral Market

Difference Since February 2024

Since last year, Sanford has remained a Neutral Market.

Insight

Sanford 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

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$326,216$174/SqFt
+$12,928
+4.1%

Based on all homes sold in the last 12 months

Insight

Homes in Sanford have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Sanford was $326,216 in February 2025, up 4.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1-$198K
N/A
2$225K$222.5K
-1.1%
3$299.9K$315K
+5.0%
4$358.6K$354.9K
-1.0%
5$460K$499.9K
+8.7%

Summary: Sanford housing price by bedroom type for February 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 -1.1%. The home price for 3 bedroom homes increased by +5.0%. The home price for 4 bedroom homes decreased by -1.0%. The home price for 5 bedroom homes increased by +8.7%.

Housing supply in Sanford, NC

How many homes are available in Sanford, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
429Last MonthFeb 2025
4422 months agoJan 2025
-2.9 %
Change MoMJan – Feb

Summary: The Sanford real estate market had 429 homes for sale in Feb 2025, a 2.9 % decrease compared to Jan 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
69Last MonthFeb 2025
652 months agoJan 2025
+6.2 %
Change MoMJan – Feb

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
22325
+8.7%
3275265
-3.6%
4125117
-6.4%
51922
+15.8%

Summary: Sanford housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +8.7%. The inventory for 3 bedroom homes decreased by -3.6%. The inventory for 4 bedroom homes decreased by -6.4%. The inventory for 5 bedroom homes increased by +15.8%.

Asking Price vs. Sold Price

How much do homes in Sanford, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price6 Homes

At Asking Price26 Homes

Under Asking Price37 Homes

Insight

If you're buying a home in Sanford, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in Sanford in February 2025, up by 6.2% month-over-month. Of the 69 sold homes, 54% were sold under asking, 38% were sold at asking, and and 9% were sold over asking.

Days on Market for Sanford, NC

How long does it take to sell a home in Sanford, NC?

Breakdown of Home Sale Times

Under 30 Days20 Homes

30 – 90 Days22 Homes

Over 90 Days27 Homes

Insight

Most homes in Sanford are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2025, 69 homes were sold in Sanford; 29% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
91 DaysThis YearFeb 2025
75 Days1 year agoFeb 2024
+21.3 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Sanford had an average listing age of 91 days in Feb 2025, up by 21.3% compared to the previous year.

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Newest Listings in Sanford, NC

What homes are available in Sanford, NC?

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Nearby markets

Nearby markets aren't available for Sanford, NC

Popular Cities with Homes for Sale in North Carolina

MLS Disclaimers and Copyright

Based on information from Doorify MLS, Hive MLS, Longleaf Pine REALTORS®, Canopy MLS, and Outer Banks MLS for the period 03/01/2023 - 03/01/2025

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Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
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Last updated on: 3/3/2025, 1:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Copyright © 2025 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:21:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 Outer Banks Association of REALTORS®, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/3/2025, 1:15:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.