The Long & Foster Market Minute

FOCUS ON: WILLOW SPRING, BENSON, AND FOUR OAKS AREA HOUSING MARKET JULY 2025

Zip Code(s): 27592, 27504 and 27524
Units Sold
79
Active Inventory
334
Median Sale Price
$365,000
Days On Market
59
Up 3%
Vs. Year Ago
Up 46%
Vs. Year Ago
Up 10%
Vs. Year Ago
Up 28%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in July, with 79 sold this month in Willow Spring, Benson, and Four Oaks Area Real Estate versus 87 last month, a decrease of 9%. This month's total units sold was higher than at this time last year, an increase of 3% versus July 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 105 units or 46%. The total number of active inventory this July was 334 compared to 229 in July 2024. This month's total of 334 is higher than the previous month's total supply of available inventory of 322, an increase of 4%.

Median Sale Price
Last July, the median sale price for Willow Spring, Benson, and Four Oaks Area Homes was $332,900. This July, the median sale price was $365,000, an increase of 10% or $32,100 compared to last year. The current median sold price is 1% lower than in June.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.


New Listings
99
Current Contracts
63
Sold Vs. List Price
99.2%
Months of Supply
4.2
Up 16%
Vs. Year Ago
Down -9%
Vs. Year Ago
No Change
Vs. Year Ago
Up 42%
Vs. Year Ago

Months of Supply
In July, there was 4.2 months of supply available in Willow Spring, Benson, and Four Oaks Area, compared to 3.0 in July 2024. That is an increase of 42% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

New Listings & Current Contracts
This month there were 99 homes newly listed for sale in Willow Spring, Benson, and Four Oaks Area compared to 85 in July 2024, an increase of 16%. There were 63 current contracts pending sale this July compared to 69 a year ago. The number of current contracts is 9% lower than last July.

Sale Price to List Price Ratio
In July, the average sale price in Willow Spring, Benson, and Four Oaks Area was 99.2% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 59, higher than the average last year, which was 46, an increase of 28%.

The Long & Foster Market Minute Willow Spring, Benson, and Four Oaks Area are defined as properties listed in zip code/s 27592, 27504 and 27524.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
REALTOR, Equal Opportunity HousingInformation included in this report is based on data supplied by TRIANGLE and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIANGLE or Long & Foster Real Estate, Inc.