Housing in Balfour, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$2,150,000

Median List Price

$327,500

Price Per Sq Ft

$614

Days on Market

240

Active Inventory

10

Months of Supply

10.0

Buyer's market

Price Trends

Source: Redfin
Sale Price 561.5%List Price 34.4%May 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

92.5%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Pending Sales

1

Homes Sold 0.0%New Listings 100.0%Pending 0.0%May 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$614

Median List $/SF

$253

Sale $/SF 90.7%List $/SF 1.6%May 24Jan 26

Balfour vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Balfour is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$294,200

Median Rent

$743

Total Housing Units

582

Vacancy Rate

15.8%

Owner Occupied

71.4%

Renter Occupied

28.6%

Median Property Tax

$1,293

per year

Monthly Cost (w/ Mortgage)

$1,199

Housing Types

Single Family
82.8%
Multi-Family
13.4%
Mobile Home
3.8%

The current median sale price in Balfour, NC is $2,150,000 according to Redfin data. Homes spend a median of 240 days on the market. 0.0% of homes sold above asking price. The market has 10.0 months of supply. The median price per square foot is $614. The median rent is $743 per month (Census ACS). About 71.4% of housing units are owner-occupied. The median year homes were built is 1976. There are 582 total housing units.