Is Surry County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Surry County was a Seller's Market.
Housing Prices in Surry County, NC
How much do homes in Surry County, NC cost?
Median Sold Price
$229,650
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Surry County was $229,650 in March 2024, up 9.4% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65.5K | $159K | +142.7% |
2 Bedrooms | $157.2K | $173.9K | +10.6% |
3 Bedrooms | $218K | $250.6K | +15.0% |
4 Bedrooms | $328.5K | $356.5K | +8.5% |
5+ Bedrooms | $370K | $389K | +5.1% |
Summary: Surry County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 142.7%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Counties
Surry County | $210K | $229.6K | +9.4% |
Yadkin County | $235K | $255K | +8.5% |
Stokes County | $260K | $259.8K | -0.1% |
Alleghany County | $301K | $298K | -1.0% |
Housing Supply in Surry County, NC
How many homes are available in Surry County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
194 | 196 | +1.0% |
Summary: The Surry County real estate market had 196 homes for sale in March 2024, a 1.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 40 | 46 | +15.0% |
3 Bedrooms | 109 | 111 | +1.8% |
4 Bedrooms | 35 | 32 | -8.6% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Surry County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 30 | -31.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Surry County in March 2024, down by 31.8% month-over-month. Of the 30 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
49 Days | 39 Days | -21.8% |
Summary: Homes in Surry County had an average of 39 days on market in Mar 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in Surry County; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.