Market Overview
Home Prices in Red Springs, NC
The median home value in Red Springs, NC is $107,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.5% compared to a year ago and down 9.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Red Springs are priced74% below average. Red Springs is part of the Fayetteville, NC metro area.
Over the past five years, Red Springs home values have risen by approximately14.0%, reflecting steady appreciation in this market.
Price History
Red Springs Home Price Trend
City Comparison
Red Springs vs. National Median
At $107,079, homes in Red Springs cost 74% below the national median of $410,000. This makes Red Springs a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Red Springs?
20% Down Payment
$21,416
on $107,079
Monthly P&I
$558/mo
30-yr @ 6.8%
Total Monthly Est.
~$709/mo
incl. taxes & insurance
Income Needed
$28,360
gross annual (30% rule)
10% Down Option
$10,708
+ PMI applies
Loan Amount (20% dn)
$85,663
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Red Springs, NC?
The median home value in Red Springs is $107,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.5% year-over-year.
How much have home prices changed in Red Springs?
Over the past year, home values in Red Springs have decreased by 1.5%. Over five years, prices have risen approximately 14.0%.
How much do I need to earn to buy a home in Red Springs?
To comfortably afford the median home price of $107,079 with a 20% down payment ($21,416) at today's rates (6.8%), you'd need a gross annual income of approximately $28,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Red Springs compare to the national average home price?
The national median home value is approximately $410,000. At $107,079, homes in Red Springs are 74% below the national average.
What metro area is Red Springs part of?
Red Springs is part of the Fayetteville, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.