The Umstead housing market is very competitive. Homes in Umstead receive 1 offers on average and sell in around 23.5 days. The median sale price of a home in Umstead was $449K last month, up 9.5% since last year. The median sale price per square foot in Umstead is $224, up 3.5% since last year.
In March 2024, Umstead home prices were up 9.5% compared to last year, selling for a median price of $449K. On average, homes in Umstead sell after 24 days on the market compared to 64 days last year. There were 96 homes sold in March this year, up from 65 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$449,000
+9.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Umstead, NC
$449,000
+9.5%
United States
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How hot is the Umstead housing market?
Umstead is very competitive. Homes sell in 16 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 16 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Umstead housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Umstead.
Risk Factor
Flood Factor - Moderate
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Umstead has a moderate risk of flooding. 25 properties in Umstead are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Umstead. Flood risk is increasing slower than the national average.
66% of properties are at risk of wildfire over the next 30 years
Fire Factor
Umstead has a moderate risk of wildfire. There are 117 properties in Umstead that have some risk of being affected by wildfire over the next 30 years. This represents 66% of all properties in Umstead.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Umstead has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Umstead is most at risk from hurricanes. 175 properties in Umstead have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 93 mph.