The Governor's Square housing market is somewhat competitive. The median sale price of a home in Governor's Square was $1.2M last month, up 71.6% since last year. The median sale price per square foot in Governor's Square is $438, up 56.7% since last year.
What is the housing market like in Governor's Square today?
In March 2024, Governor's Square home prices were up 71.6% compared to last year, selling for a median price of $1.2M. On average, homes in Governor's Square sell after 424 days on the market compared to 37 days last year. There were 12 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,243,578
+71.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Governor's Square, NC
$1,243,578
+71.6%
United States
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How hot is the Governor's Square housing market?
Governor's Square is somewhat competitive. Homes sell in 56 days.
0
100
44
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 9 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 56 days.
Hot homes
can sell for about 4% above list price and go pending in around 22 days.
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 Governor's Square housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Governor's Square.
Risk Factor
Flood Factor - Major
30% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Governor's Square has a major risk of flooding. 46 properties in Governor's Square are likely to be
severely affected
by flooding over the next 30 years. This represents 30% of all properties in Governor's Square. Flood risk is increasing slower than the national average.
42% of properties are at risk of wildfire over the next 30 years
Fire Factor
Governor's Square has a minor risk of wildfire. There are 73 properties in Governor's Square that have some risk of being affected by wildfire over the next 30 years. This represents 42% of all properties in Governor's Square.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Governor's Square has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Governor's Square is most at risk from hurricanes. 172 properties in Governor's Square 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.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Governor's Square has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Governor's Square have a Major Heat Factor®.
Governor's Square is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Governor's Square is expected to experience 8