Is Raeford, NC 28376 a buyer’s or seller’s market?
Raeford is a seller’s market. With about 3.1 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 59% of U.S. ZIP codes, and #20 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Raeford housing market right now
In the three months ending August 31, 2026, 22% of homes in Raeford, NC 28376 sold above their list price, the typical home went under contract in 31 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 260 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold faster (42 days then) and the median sale price rose 2% to $319,862. Overall, Raeford is more competitive than a year ago, so tougher for buyers.
On our competition score, Raeford ranks #20 of 424 NC ZIP codes with enough sales (score 57 out of 100).
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Questions about Raeford real estate
Is Raeford a buyer’s or seller’s market?
A seller’s market: there were 3.1 months of supply in Raeford, NC 28376 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Raeford?
The typical home went under contract in 31 days in the latest three months.
Do homes in Raeford sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Raeford?
About 0.67% of a home’s value a year in Hoke County, or roughly $2,680 on a $400,000 home.
What is the median home price in Raeford?
The median sale price was $319,862 in the three months ending August 31, 2026, about $157 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology