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Main Street in Coats North Carolina 6-23-2014Photo: Gerry Dincher from Hope Mills, NC · CC BY-SA 2.0
Housing in Coats

30 homes sold in Coats in the last year, at a typical $234K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Coats homes are listed.

Homes sold
30
June 2025 to May 2026
Typical sale price
$234K
median, weighted by sales
Price per square foot
$183
North Carolina $207
Paid vs. asking
100.2%
27% sold over asking
For sale now
6
May 2026 · 6 sold that month
What sold · last 12 months

Houses are 97% of Coats’ sales, at a typical $235K

30 homes sold in the year to May 2026.

Houses$235K

typical sale · 29 sold in 12 months

Per square foot
$184NC $207
Days to sell
66
Sold over asking
28%
Listings with a price cut
42%
Fewer sales

Townhouses: 1 sold, typical $190K

Too few sales in 12 months for reliable figures.

9 years of sales

About as many homes sell as usual, at twice the 2018 price

30 sales in the last year, against 31 in 2018 and a low of 17 in 2013. The typical sale went from $117K in 2018 to $234K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2013: 17 sold, typical $84K’132015: 29 sold, typical $88K2018: 31 sold, typical $117K’182019: 30 sold, typical $153K2020: 22 sold, typical $159K’202021: 30 sold, typical $149K2023: 29 sold, typical $236K’232024: 28 sold, typical $235K2025: 22 sold, typical $245K’25Last 12 months: 30 sold, typical $234KNow

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

What your budget buys

What $250K buys in Coats

Houseat $184 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Coats 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.

What the sales history says · 9 years of sales

Bidding wars in Coats are back to pre-pandemic levels, with about as many homes for sale

We read every month of Coats’ home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 30 sales.

If you’re buying in Coats

  • Shop in May. It brings about 3 new listings a month, close to the busiest month, with fewer bidding wars (29% over asking).
  • Bid near asking. Buyers paid 100.2% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 66 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

August has the most new listings (about 4 a month), but February is the most competitive: 35% of February sales close over asking. May offers nearly as much choice with fewer homes bid up (29%). January has the least competition (16%) but only about 1 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 1 new listings a month, 16% sold over asking, 90 days to sellJFeb: 3 new listings a month, 35% sold over asking, 169 days to sellFMar: 2 new listings a month, 21% sold over asking, 83 days to sellMApr: 3 new listings a month, 17% sold over asking, 133 days to sellAMay: 3 new listings a month, 29% sold over asking, 39 days to sellMJun: 3 new listings a month, 33% sold over asking, 87 days to sellJJul: 3 new listings a month, 35% sold over asking, 60 days to sellJAug: 4 new listings a month, 30% sold over asking, 74 days to sellASep: 2 new listings a month, 18% sold over asking, 68 days to sellSOct: 3 new listings a month, 24% sold over asking, 64 days to sellONov: 3 new listings a month, 35% sold over asking, 161 days to sellNDec: 1 new listings a month, 26% sold over asking, 82 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than North Carolina

Coats now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price27%23%37%17%
Gone within two weeksShare of homes under contract within 14 days22%5%26%30%
Listings with a price cutShare of homes for sale that cut their price43%—26%27%
Price paid vs. askingAverage sale price ÷ list price100.2%97%96%97.8%
Days to sellMedian days from listing to contract66903462
Supply

8 homes for sale on a typical day

That’s 2.5 times the 2020 low (3), about the 2017–19 level and well under 2013’s 16.

2013: 16 for sale’132015: 9 for sale2018: 7 for sale2019: 10 for sale’192020: 3 for sale2021: 4 for sale2023: 5 for sale’232024: 3 for sale2025: 8 for saleLast 12 months: 8 for saleNow
Room to negotiate

1 in 2 listings has cut its price

43% in the last year, against — in 2017–19 and 27% across North Carolina.

2020: 57%’202021: 26%2023: 38%2024: 70%’242025: 40%Last 12 months: 43%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Coats home costs about $1,461 a month

Mortgage
Property tax
Insurance
Rent

Price: Coats’ typical sale, last 12 months. Property tax at Coats’ 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Coats is affordable on local pay is on Cost of living.

Before you buy in Coats

Six things worth knowing

4

New listings in August

The month with the most choice. December has the fewest, about 1.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $234K home, about $2,880 a year.

Taxes vs. neighbors
C+

Schools

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

Schools in Coats
33 min

Typical commute

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

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.

Nearby markets · last 12 months

Buies Creek, Erwin, Dunn, Benson, Lillington and Angier sell for less a square foot

The busier markets within 25 miles of Coats, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Angier588$332K$1596%85
Lillington253$314K$15411%108
Dunn111$238K$17111%85
Benson65$294K$16417%68
Erwin62$215K$15221%58
Coats30$234K$18327%66
Buies Creek28$423K$16318%148

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Coats, free

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

Questions about buying a home in Coats

What do homes sell for in Coats, NC?

30 homes sold in the year to May 2026 at a typical $234K, $183 a square foot.

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

A seller’s market: 6 homes were for sale in May 2026 and 6 sold, about 1 months of supply. Buyers paid 100.2% of asking on average, and 43% of listings cut their price.

When is the best time to buy in Coats?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Coats?

About 1.2% of a home’s value a year. On a $234K home that’s near $2,880.

Where can I see homes for sale in Coats?

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

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).