Forest City, NC metro area Housing Market
Cold MarketComprehensive housing market data for the Forest City, NC metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$313K
↑ 30.2% YoY
Days on Market
131 days
↑ 42.4% YoY
Active Inventory
309
↓ 1.9% YoY
Homes Sold
54
↑ 10.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Forest City, NC metro area Market Summary
The Forest City, NC metro area housing market is cooling down. As of January 2026, the median home sale price is $313K, up 30.2% year-over-year. Homes are spending a median of 131 days on the market, 42.4% longer than a year ago.
There are 309 homes for sale — 1.9% fewer than last year. With 5.7 months of supply, this is a balanced market. 59 new listings were added during this period, down 24.4% year-over-year.
Homes are selling for 96.0% of their list price on average, suggesting room for negotiation. 14.8% of homes sell above their asking price. 23.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
Contributing Factors
How This Market Compares
vs. National Median
vs. North Carolina Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 26% below the national median, which could indicate stronger cash flow potential.
Forest City, NC metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$330K
Price per Sq Ft
$196
Sale-to-List Ratio
96.0%
Months of Supply
5.7
Sold Above List
14.8%
Price Drops
23.3%
New Listings
59
↓ 24.4% YoY
Pending Sales
62
Off Market in 2 Weeks
21.0%
Other Markets in North Carolina
Charlotte, NC metro area
$400K · 84d on market
Raleigh, NC metro area
$415K · 71d on market
Fayetteville, NC metro area
$289K · 67d on market
Greensboro, NC metro area
$285K · 56d on market
Winston-Salem, NC metro area
$310K · 68d on market
Durham, NC metro area
$407K · 78d on market
Asheville, NC metro area
$436K · 110d on market
Wilmington, NC metro area
$445K · 82d on market
Analyze a deal in Forest City, NC metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.