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Housing in Balfour

12 homes sold in Balfour in the last year, at a typical $619K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Balfour homes are listed.

Homes sold
12
June 2025 to May 2026
Typical sale price
$619K
median, weighted by sales
Price per square foot
$295
North Carolina $207
Paid vs. asking
96.4%
17% sold over asking
For sale now
12
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 92% of Balfour’s sales, at a typical $639K

12 homes sold in the year to May 2026.

Houses$639K

typical sale · 11 sold in 12 months

Per square foot
$303NC $207
Days to sell
121
Sold over asking
18%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $398K

Too few sales in 12 months for reliable figures.

5 years of sales

Fewer homes sell than before 2022, at 2.7 times the 2019 price

12 sales in the last year, against 34 in 2021 and a low of 21 in 2015. The typical sale went from $230K in 2019 to $619K.

Homes soldTypical sale price
012253750$250K$400K$550K$700K2015: 21 sold, typical $132K’152019: 21 sold, typical $230K2020: 22 sold, typical $293K’202021: 34 sold, typical $270K2022: 31 sold, typical $342K’22Last 12 months: 12 sold, typical $619KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $600K buys in Balfour

Houseat $303 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Balfour homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Balfour home costs about $3,474 a month

Mortgage
Property tax
Insurance
Rent

Price: Balfour’s typical sale, last 12 months. Property tax at Balfour’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Balfour is affordable on local pay is on Cost of living.

Before you buy in Balfour

Five things worth knowing

0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $619K home, about $2,930 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Balfour, from test results, graduation and how much students grow.

Schools in Balfour
18 min

Typical commute

The average one-way trip to work for people who live in Balfour.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Balfour, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Balfour. People who follow the town see it, and so do people comparing Balfour with their own town. No commission, no listing fee.

Questions about buying a home in Balfour

What do homes sell for in Balfour, NC?

12 homes sold in the year to May 2026 at a typical $619K, $295 a square foot.

Is Balfour a buyer’s or seller’s market?

A buyer’s market: 12 homes were for sale in May 2026 and 1 sold, about 12 months of supply. Buyers paid 96.4% of asking on average, and 28% of listings cut their price.

How much are property taxes in Balfour?

About 0.5% of a home’s value a year. On a $619K home that’s near $2,930.

Where can I see homes for sale in Balfour?

Zillow, Redfin, Realtor.com and Homes.com all carry Balfour’s MLS listings; the search links above open each one filtered to Balfour.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).