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Southern Pines, NC 28387 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Southern Pines, NC inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.07
ActiveActive listings: 5555PendingPending sales: 44
Southern Pines, NC: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $500k$500kSoldMedian sold price (last 6 months): $475k$475k
What homes actually sell for in Southern Pines, NC
Distribution of 228 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $355k to $640k
$192k to $312k: 24 sales$192k$312k to $432k: 64 sales64sales$432k to $552k: 45 sales$432k$552k to $671k: 37 sales$671k to $791k: 16 sales$671k$791k to $911k: 13 sales$911k to $1.03M: 2 sales$911k$1.03M to $1.15M: 4 salesMedian $475k

What the numbers say

As of October 26, 2026, Resideline is tracking 55 active listings and 4 pending sales in ZIP code 28387. That pending-to-active ratio of 0.07 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $499,792, while the median of the 228 closed sales Resideline tracked over the last six months was $475,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 28387 for 85 days.

Frequently asked questions

What is the median home price in 28387?

The median closed sale price in Southern Pines, NC 28387 was $475,000 over the last six months, based on 228 closed sales tracked by Resideline. The middle half of those sales ranged from $355,000 to $640,000.

Is 28387 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 55 active listings in 28387, a pending-to-active ratio of 0.07. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 28387 is currently a typical-pace market.

Nearby ZIP code market data

Full Southern Pines, NC housing market report →

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