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| FOCUS ON: WILLOW SPRING, BENSON, AND FOUR OAKS AREA HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 27592, 27504 and 27524 |
Units Sold
74 |
Active Inventory
343 |
Median Sale Price
$387,500 |
Days On Market
63 |
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Up
Vs. Year Ago |
Up 38%
Vs. Year Ago |
Up 12%
Vs. Year Ago |
Up 7%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 74 sold this month in Willow Spring, Benson, and Four Oaks Area Real Estate. This month's total units sold was higher than at this time last year.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 95 units or 38%. The total number of active inventory this September was 343 compared to 248 in September 2024. This month's total of 343 is higher than the previous month's total supply of available inventory of 336, an increase of 2%.
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Median Sale Price
Last September, the median sale price for Willow Spring, Benson, and Four Oaks Area Homes was $346,250. This September, the median sale price was $387,500, an increase of 12% or $41,250 compared to last year. The current median sold price is 2% lower than in August.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
86 |
Current Contracts
76 |
Sold Vs. List Price
98.6% |
Months of Supply
4.6 |
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Up 9%
Vs. Year Ago |
Up 33%
Vs. Year Ago |
No Change
Vs. Year Ago |
No Change
Vs. Year Ago |
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Months of Supply
In September, there was 4.6 months of supply available in Willow Spring, Benson, and Four Oaks Area. The amount of supply is similar compared to 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.
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New Listings & Current Contracts
This month there were 86 homes newly listed for sale in Willow Spring, Benson, and Four Oaks Area compared to 79 in September 2024, an increase of 9%. There were 76 current contracts pending sale this September compared to 57 a year ago. The number of current contracts is 33% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Willow Spring, Benson, and Four Oaks Area was 98.6% 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 63, higher than the average last year, which was 59, an increase of 7%.
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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. |
Information 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. |