WILLOW SPRING, BENSON, AND FOUR OAKS AREA HOUSING MARKET DATA

There was an increase in total units sold in May, with 85 sold this month in Willow Spring, Benson, and Four Oaks Area Real Estate versus 76 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024.

Versus last year, the total number of homes available this month is higher by 68 units or 30%. The total number of active inventory this May was 295 compared to 227 in May 2024. This month's total of 295 is higher than the previous month's total supply of available inventory of 292, an increase of 1%.

Last May, the median sale price for Willow Spring, Benson, and Four Oaks Area Homes was $375,450. This May, the median sale price was $378,000, an increase of 1% or $2,550 compared to last year. The current median sold price is 6% higher than in April.

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

In May, there was 3.5 months of supply available in Willow Spring, Benson, and Four Oaks Area, compared to 2.1 in May 2024. That is an increase of 64% 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.

This month there were 106 homes newly listed for sale in Willow Spring, Benson, and Four Oaks Area compared to 108 in May 2024, a decrease of 2%. There were 85 current contracts pending sale this May compared to 72 a year ago. The number of current contracts is 18% higher than last May.

In May, the average sale price in Willow Spring, Benson, and Four Oaks Area was 98.6% of the average list price, which is 0.5% lower than at this time last year.

This month, the average number of days on market was 69, higher than the average last year, which was 50, an increase of 38%.





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

Zip Code(s): 27592, 27504 and 27524
Units Sold 85	Active Inventory 295	Median Sale Price $378,000	Days On Market 69

Down -21% Vs. Year Ago	Up 30% Vs. Year Ago	Up 1% Vs. Year Ago	Up 38% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 85 sold this month in Willow Spring, Benson, and Four Oaks Area Real Estate versus 76 last month, an increase of 12%. This month's total units sold was lower than at this time last year, a decrease of 21% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 68 units or 30%. The total number of active inventory this May was 295 compared to 227 in May 2024. This month's total of 295 is higher than the previous month's total supply of available inventory of 292, an increase of 1%.
		Median Sale Price Last May, the median sale price for Willow Spring, Benson, and Four Oaks Area Homes was $375,450. This May, the median sale price was $378,000, an increase of 1% or $2,550 compared to last year. The current median sold price is 6% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 106	Current Contracts 85	Sold Vs. List Price 98.6%	Months of Supply 3.5

Down -2% Vs. Year Ago	Up 18% Vs. Year Ago	Down -0.5% Vs. Year Ago	Up 64% Vs. Year Ago


		Months of Supply In May, there was 3.5 months of supply available in Willow Spring, Benson, and Four Oaks Area, compared to 2.1 in May 2024. That is an increase of 64% 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 106 homes newly listed for sale in Willow Spring, Benson, and Four Oaks Area compared to 108 in May 2024, a decrease of 2%. There were 85 current contracts pending sale this May compared to 72 a year ago. The number of current contracts is 18% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Willow Spring, Benson, and Four Oaks Area was 98.6% of the average list price, which is 0.5% lower than at this time last year. Days on Market This month, the average number of days on market was 69, higher than the average last year, which was 50, an increase of 38%.


	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.