The Olde Providence South housing market is somewhat competitive. The median sale price of a home in Olde Providence South was $687K last month, down 7.7% since last year. The median sale price per square foot in Olde Providence South is $298, up 16.0% since last year.
What is the housing market like in Olde Providence South today?
In March 2024, Olde Providence South home prices were down 7.7% compared to last year, selling for a median price of $687K. On average, homes in Olde Providence South sell after 36 days on the market compared to 40 days last year. There were 21 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$687,400
-7.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Olde Providence South, NC
$687,400
-7.7%
United States
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How hot is the Olde Providence South housing market?
Olde Providence South is somewhat competitive. Homes sell in 35.5 days.
0
100
58
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 around list price and go pending in around 36 days.
Hot homes
can sell for about 2% above list price and go pending in around 5 days.
Learn about schools in the Olde Providence South area
Elementary
Middle
High
GreatSchools Rating
6/10
Olde Providence Elementary
Public • K-5
744
Students
23 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 Olde Providence South housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Olde Providence South.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Olde Providence South has a moderate risk of flooding. 183 properties in Olde Providence South are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Olde Providence South. Flood risk is increasing slower than the national average.
40% of properties are at risk of wildfire over the next 30 years
Fire Factor
Olde Providence South has a moderate risk of wildfire. There are 840 properties in Olde Providence South that have some risk of being affected by wildfire over the next 30 years. This represents 40% of all properties in Olde Providence South.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Olde Providence South has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Olde Providence South is most at risk from hurricanes. 2,085 properties in Olde Providence South 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 74 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.
93% of properties are at major
risk of heat over the next 30 years
Heat Factor
Olde Providence South has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 93% of homes in Olde Providence South have a Major Heat Factor®.
Olde Providence South is expected to see a 142% increase in the number of days over 104ºF over the next 30 years. Olde Providence South is expected to experience 8