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FOCUS ON: WILLOW SPRING, BENSON, AND FOUR OAKS AREA HOUSING MARKET |
AUGUST 2025 |
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Zip Code(s): 27592, 27504 and 27524 |
Units Sold
79 |
Active Inventory
330 |
Median Sale Price
$395,000 |
Days On Market
74 |
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Down -6%
Vs. Year Ago |
Up 31%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 23%
Vs. Year Ago |
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Units Sold
The number of units sold remained stable in August, with 79 sold this month in Willow Spring, Benson, and Four Oaks Area Real Estate. This month's total units sold was lower than at this time last year, a decrease of 9% versus August 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 78 units or 31%. The total number of active inventory this August was 330 compared to 252 in August 2024. This month's total of 330 is lower than the previous month's total supply of available inventory of 341, a decrease of 3%.
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Median Sale Price
Last August, the median sale price for Willow Spring, Benson, and Four Oaks Area Homes was $389,450. This August, the median sale price was $395,000, an increase of 1% or $5,550 compared to last year. The current median sold price is 8% higher than in July.
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
106 |
Current Contracts
90 |
Sold Vs. List Price
99.2% |
Months of Supply
4.2 |
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Down -9%
Vs. Year Ago |
Up 17%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 39%
Vs. Year Ago |
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Months of Supply
In August, there was 4.2 months of supply available in Willow Spring, Benson, and Four Oaks Area, compared to 3.0 in August 2024. That is an increase of 39% 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.
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New Listings & Current Contracts
This month there were 106 homes newly listed for sale in Willow Spring, Benson, and Four Oaks Area compared to 116 in August 2024, a decrease of 9%. There were 90 current contracts pending sale this August compared to 77 a year ago. The number of current contracts is 17% higher than last August.
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Sale Price to List Price Ratio
In August, 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 74, higher than the average last year, which was 60, an increase of 23%.
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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. |