The Echo Farms-Rivers Edge housing market is somewhat competitive. The median sale price of a home in Echo Farms-Rivers Edge was $381K last month, down 15.8% since last year. The median sale price per square foot in Echo Farms-Rivers Edge is $213, up 5.7% since last year.
What is the housing market like in Echo Farms-Rivers Edge today?
In October 2024, Echo Farms-Rivers Edge home prices were down 15.8% compared to last year, selling for a median price of $381K. On average, homes in Echo Farms-Rivers Edge sell after 52 days on the market compared to 47 days last year. There were 13 homes sold in October this year, down from 22 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$381,000
-15.8% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Echo Farms-Rivers Edge, NC
$381,000
-15.8%
United States
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How hot is the Echo Farms-Rivers Edge housing market?
Echo Farms-Rivers Edge is somewhat competitive. Homes sell in 66 days.
0
100
41
Somewhat 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 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 66 days.
Hot homes
can sell for about 1% below list price and go pending in around 30 days.
Learn about schools in the Echo Farms-Rivers Edge area
Elementary
Middle
High
GreatSchools Rating
6/10
Dr John Codington Elementary
Public • K-5
451
Students
4 reviews
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 Echo Farms-Rivers Edge housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Echo Farms-Rivers Edge.
Flood Factor - Minor
54% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Echo Farms-Rivers Edge has a minor risk of flooding. 447 properties in Echo Farms-Rivers Edge are likely to be
severely affected
by flooding over the next 30 years. This represents 54% of all properties in Echo Farms-Rivers Edge. Flood risk is increasing faster than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Echo Farms-Rivers Edge has a moderate risk of wildfire. There are 1,249 properties in Echo Farms-Rivers Edge that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Echo Farms-Rivers Edge.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Echo Farms-Rivers Edge has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Echo Farms-Rivers Edge is most at risk from hurricanes. 1,249 properties in Echo Farms-Rivers Edge 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 140 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 152 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Echo Farms-Rivers Edge has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Echo Farms-Rivers Edge have an Extreme Heat Factor®.
Echo Farms-Rivers Edge is expected to see a 171% increase in the number of days over 105ºF over the next 30 years. Echo Farms-Rivers Edge is expected to experience 7