Is Surry County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Surry County has remained a Seller's Market.
Housing Prices in Surry County, NC
How much do homes in Surry County, NC cost?
Median Sold Price
$244,900
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Surry County was $244,900 in June 2024, up 13.2% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $66.3K | $165K | +148.9% |
2 Bedrooms | $165K | $171.2K | +3.8% |
3 Bedrooms | $223.8K | $256.8K | +14.8% |
4 Bedrooms | $327.5K | $380K | +16.0% |
5+ Bedrooms | $392K | $325K | -17.1% |
Summary: Surry County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 148.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 17.1%.
Median Sold Price Compared To Nearby Counties
Surry County | $216.3K | $244.9K | +13.2% |
Yadkin County | $235.1K | $259.9K | +10.5% |
Alleghany County | $275K | $302K | +9.8% |
Stokes County | $263.7K | $270.9K | +2.7% |
Housing Supply in Surry County, NC
How many homes are available in Surry County, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
236 | 239 | +1.3% |
Summary: The Surry County real estate market had 239 homes for sale in June 2024, a 1.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 49 | 46 | -6.1% |
3 Bedrooms | 141 | 144 | +2.1% |
4 Bedrooms | 34 | 37 | +8.8% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Surry County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
54 | 46 | -14.8% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Surry County in June 2024, down by 14.8% month-over-month. Of the 46 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for Surry County, NC
How long does it take to sell a home in Surry County, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
32 Days | 29 Days | -6.5% |
Summary: Homes in Surry County had an average of 29 days on market in Jun 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 46 homes were sold in Surry County; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.