Is Surry County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$232,125
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Surry County was $232,125 in April 2024, up 10.3% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65.9K | $135K | +104.9% |
2 Bedrooms | $160K | $173.2K | +8.3% |
3 Bedrooms | $220K | $254.1K | +15.5% |
4 Bedrooms | $325K | $362K | +11.4% |
5+ Bedrooms | $370K | $389K | +5.1% |
Summary: Surry County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 104.9%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Counties
Surry County | $210.4K | $232.1K | +10.3% |
Yadkin County | $235K | $255.2K | +8.6% |
Stokes County | $270K | $260K | -3.7% |
Housing Supply in Surry County, NC
How many homes are available in Surry County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
196 | 220 | +12.2% |
Summary: The Surry County real estate market had 220 homes for sale in April 2024, a 12.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 10 | +66.7% |
2 Bedrooms | 41 | 40 | -2.4% |
3 Bedrooms | 113 | 129 | +14.2% |
4 Bedrooms | 34 | 38 | +11.8% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Surry County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 58 | +87.1% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in Surry County in April 2024, up by 87.1% month-over-month. Of the 58 sold homes, 57% were sold under asking, 19% were sold at asking, and 24% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 41 Days | +24.0% |
Summary: Homes in Surry County had an average of 41 days on market in Apr 2024, up by 24% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 58 homes were sold in Surry County; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.