As its name suggests, Southern Pines is in the southern half of North Carolina. Encased in woodlands, the small and scattered town of Southern Pines, NC, is ready to welcome you with open arms. If you have any questions or curiosities about the city’s housing market, job market, or overall life quality, read on. If you’d rather talk to someone about it, contact real estate agents in Southern Pines NC and you’ll find out all you need to know in order to make an informed decision about your family’s future.
Housing Market in Southern Pines, North Carolina
With a median home value of $382,000, the city of Southern Pines, North Carolina, is located around a 50-minute drive away from Fayetteville, so it might not be ideal as a suburb for this city. Still, many people moved here in the past few decades. Actually, the city’s population grew by 25% since the last census in 2010 and that had an impact on housing costs. The hotter a city is, the hotter its real estate market becomes. Because of this, the median home value in Southern Pines, North Carolina grew by 22% over the last year.
Unlike with other housing markets, however, realtors in Southern Pines NC don’t have a low housing inventory on their hands. There are a decent number of houses for sale that spend around 56 days on average on the market. Still, real estate agents in Southern Pines NC are dealing with a buyers market, but there is a small difference between the listing price for a property and the sale price. According to realtors in Southern Pines NC, homes sell for an average of 100.76% of the asking price. Even looking at the value of these houses you won’t see a large bulk being assessed within a certain value range. There are around 23% of homes valued between $133,000 and $265,000, but also 23% valued between $265,000 and $398,000. The next largest bulk of the market (18%) is valued at between $398,000 and $530,000. Of course, just like any other city, Southern Pines, North Carolina has the 13% valued below $133,000 and the 22% valued over $530,000, but the vast majority is between $530,000 and $133,000 providing a large number of options for a wide variety of budgets. Chances are, real estate agents in Southern Pines NC will find you your home in no time.
Job Market in Southern Pines, North Carolina
With a median household income of $59,000 in 2019, realtors in Southern Pines NC know that the sudden income increase that happened during 2017 was a big incentive for more people to move to their city. The job market is fairly diversified with most jobs being in management occupations. Still, it’s legal occupations that reach the highest incomes in the city, going as high as $102,000. Other high-paying jobs are architecture and engineering positions with median earnings of $78,000, followed closely by computer, engineering, and science positions with median earnings of $77,000.
According to real estate agents in Southern Pines NC, the most common industries in their city are health care and social assistance, followed by accommodation and food services, and manufacturing. However, realtors in Southern Pines NC know that wholesale trade is the highest-paying industry, with median earnings of $113,000. This is followed by public administration with median earnings of $102,000 and finance and insurance with median incomes of $90,000.
Living in Southern Pines, North Carolina
Life in Southern Pines, North Carolina is relatively calm. Both the real estate agents in Southern Pines NC and the residents describe their city as a nice, quaint small town with amazing local eateries, quiet roads, and a great location for mountains and beachside amenities and activities. Just contact realtors in Southern Pines NC for any other curiosities you might have about this city. The mom and pop shops are bound to charm you when you walk in and the Friday events work to fuse the community together and welcome anyone who moves there within their tight-knit circle. This is the type of town where everyone knows everybody and everyone can find something to do to occupy their time with.
