City:
Reidsville is a city in the state of north-carolina with a population of roughly 38,997. It is in Rockingham County, North Carolina the Greensboro-High Point, NC core-based statistical areas (CBSA), and the Greensboro--Winston-Salem--High Point, NC combined statistical area (CSA).Its Zip codes include 27320 .
Real estate in Reidsville, NC is a booming industry. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in real estate prices. There are a number of factors that have contributed to this trend, including the city's proximity to Charlotte and Raleigh, as well as its strong economy.
The median price of a home in Reidsville was $174,900 in 2017. This is significantly higher than the national median price of $161,600. In addition, the city's average days on market was just 8 days last year – one of the shortest listings times in the country. This indicates that there is high demand for homes in Reidsville and that buyers are able to find properties quickly.
One reason for this high demand may be the city's excellent schools. Reidsville is home to several highly-rated schools – including Reid High School and Thomas Jefferson High School – which can attract families from across the region. Additionally, many businesses located in Reidsville are also highly-rated – making it an attractive place to live and work.
Despite these positive factors, there are some challenges facing real estate in Reidsville. One issue is that the city is growing rapidly and new housing developments are being built at a rapid pace. This means that there is often a shortage of available homes for sale and buyers have difficulty finding properties they want to purchase. In addition, although prices have increased significantly over the past few years, they may not continue rising at this rate indefinitely due to increasing interest rates and other economic factors."
Price Index: Greensboro-High Point, NC