28387, Southern Pines, NC Housing Market
Hyperlocal market intelligence for ZIP code 28387 in NC. Located in Moore County, NC. Part of the Pinehurst, NC metro area.
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28387, Southern Pines, NC market data
28387, Southern Pines, NC Housing Market Overview
ZIP code 28387's median home value is $456K, up 2.3% over the past year. Homes here sell in a median 70 days. Its PropertyIQ Score of 20 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
The 28387, Southern Pines, NC housing market operates at a level of granularity that broader geographic analyses miss entirely. PropertyIQ's ZIP-level scoring for 28387 captures neighborhood-specific demand patterns within NC, revealing micro-market trends that metro and county data average away. This hyperlocal intelligence is critical for making precise investment and homebuying decisions.
South Atlantic ZIP codes benefit from sustained migration inflows, but hyperlocal performance varies widely between neighborhoods. PropertyIQ's ZIP-level scoring helps distinguish between ZIP codes riding a temporary wave and those with durable, block-by-block demand fundamentals. Within the South Atlantic, ZIP code 28387's PropertyIQ Score of 20 runs below the South Atlantic norm.
PropertyIQ distills four housing signals into a single 1 to 99 score for 28387, Southern Pines, NC at the most granular geography available: Zillow twelve-month and three-month home-value momentum, Realtor.com median days on market, and the Realtor.com price-reduced share. It is not a generic market-health grade; it is a validated predictor of which ZIP codes are positioned to outperform their state. The ZIP-level view often tells a different story than the broader county or metro score. Momentum here has been positive, with home values up 2.3% over the past year.
Explore 28387, Southern Pines, NC's full market profile including ZIP-level score trends, home value data, and comparisons with neighboring ZIP codes. Use the interactive map to visualize demand signals across the area and identify hyperlocal investment opportunities.
28387, Southern Pines, NC is located in Moore County, NC.
This ZIP code is part of the Pinehurst, NC metro area.
Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is 28387, Southern Pines, NC a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. 28387, Southern Pines, NC currently scores 20, a weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $456K, up 2.3% over the past year. So whether 28387, Southern Pines, NC is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for 28387, Southern Pines, NC?
28387, Southern Pines, NC's PropertyIQ Score is 20, indicating weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 20 places 28387, Southern Pines, NC below its state benchmark.
Are home prices in 28387, Southern Pines, NC rising or falling?
Home prices in 28387, Southern Pines, NC are rising. Over the past year, the median home value increased 2.3%, reaching $456K. Over the latest three months, values slipped 1.3%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind 28387, Southern Pines, NC's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the ZIP code, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in 28387, Southern Pines, NC?
In 28387, Southern Pines, NC, homes sell in a median of 70 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 23% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this ZIP code data?
This 28387, Southern Pines, NC market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.