27 homes sold in Southmont in the last year, at a typical $539K
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 Southmont homes are listed.
Every place Southmont homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Southmont.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Southmont’s sales, at a typical $540K (year to May 2026)
27 homes sold in the year to September 2026.
typical sale · 25 sold in the year to May 2026
- Per square foot
- $274NC $207
- Days to sell
- 94
- Sold over asking
- 16%
- Listings with a price cut
- 25%
Fewer homes sell than before 2022, at 1.5 times the 2016 price
27 sales in the last year, against 44 in 2021 and a low of 22 in 2015. The typical sale went from $359K in 2016 to $539K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $550K buys in Southmont
Check a listing against what Southmont 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.
Bidding wars in Southmont are rarer than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Southmont’s home sales since 2015 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 September 2026, 27 sales.
If you’re buying in Southmont
- Shop in August. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
- Offer under asking. Buyers paid 96.1% of the list price on average; 7% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings the homes; fall brings the bidding wars
August has the most new listings (about 5 a month), but October is the most competitive: 32% of October sales close over asking. December has the least competition (7%) but only about 2 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than North Carolina
| Southmont now | 2017–19 | 2021 peak | NC now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 7% | 16% | 34% | 15% |
| Gone within two weeksShare of homes under contract within 14 days | 46% | 29% | 52% | 29% |
| Price paid vs. askingAverage sale price ÷ list price | 96.1% | 96.1% | 98.3% | 97.8% |
| Days to sellMedian days from listing to contract | 79 | 128 | 61 | 67 |
12 homes for sale on a typical day
That’s 2.4 times the 2024 low (5), 25% fewer than in 2017–19 and well under 2015’s 27.
Source: Redfin Data Center, city figures, January 2015 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Southmont home costs about $2,994 a month
Price: Southmont’s typical sale, last 12 months. Property tax at Southmont’s 0.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Southmont is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. November has the fewest, about 2.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $539K home, about $2,180 a year.
Taxes vs. neighborsSchools
The schools grade for Southmont, from test results, graduation and how much students grow.
Schools in SouthmontTypical commute
The average one-way trip to work for people who live in Southmont.
Work & commuteCheck 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 hazardsLook 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.
East Spencer, Spencer, Denton, Rockwell, Granite Quarry and Lexington sell for less a square foot
The busier markets within 25 miles of Southmont, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Lexington | 305 | $247K | $147 | 13% | 55 |
| Spencer | 66 | $234K | $159 | 9% | 104 |
| Granite Quarry | 52 | $304K | $189 | 11% | 90 |
| East Spencer | 41 | $231K | $193 | 21% | 121 |
| Rockwell | 34 | $315K | $167 | 5% | 61 |
| Southmont | 27 | $539K | $266 | 7% | 79 |
| Denton | 27 | $276K | $164 | 23% | 95 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Southmont, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Southmont. People who follow the town see it, and so do people comparing Southmont with their own town. No commission, no listing fee.
Questions about buying a home in Southmont
What do homes sell for in Southmont, NC?
27 homes sold in the year to September 2026 at a typical $539K, $266 a square foot.
Is Southmont a buyer’s or seller’s market?
A buyer’s market: 17 homes were for sale in September 2026 and 2 sold, about 6.3 months of supply. Buyers paid 96.1% of asking on average.
When is the best time to buy in Southmont?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Southmont?
About 0.4% of a home’s value a year. On a $539K home that’s near $2,180.
Where can I see homes for sale in Southmont?
Zillow, Redfin, Realtor.com and Homes.com all carry Southmont’s MLS listings; the search links above open each one filtered to Southmont.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).