Why Live in Raeford
Raeford, a rural city in the North Carolina Sandhills, is located approximately 24 miles west of Fayetteville. With a population of around 4,500, Raeford offers a small-town atmosphere surrounded by pine forests and pastures. The community is known for its historic downtown, sprawling parks, and natural scenery, attracting residents who appreciate the proximity to Fort Bragg, one of the largest military bases globally and a significant regional employer. The housing market in Raeford features early 20th-century bungalows, midcentury ranch-style homes, Colonial and Greek Revivals, and new constructions. The median price for a single-family home is around $320,000, which is lower than the national median. Downtown Raeford is rich in history, with preserved buildings listed on the National Register of Historic Places, including the Hoke County Courthouse. Local businesses, family-owned restaurants, and mom-and-pop shops like Raeford Hardware contribute to the district's charm. For more extensive shopping options, residents often travel to Fayetteville. Raeford hosts the North Carolina Fall Festival each October, drawing tens of thousands of visitors for a week of events, including carnival games, live music, and a car cruise-in. Outdoor recreation is plentiful with parks like McLauchlin Park and Robbin Heights Park, and facilities such as the James A. Leach Aquatic & Recreation Center and Carolina Horse Park. Students in Raeford attend Hoke County Schools, with SandHoke Early College High being highly rated. Commuters benefit from U.S. Route 401, providing access to Fayetteville and Fort Bragg, while Fayetteville Regional Airport is about 23 miles away.
Home Trends in Raeford, NC
On average, homes in Raeford, NC sell after 68 days on the market compared to the national average of 50 days. The median sale price for homes in Raeford, NC over the last 12 months is $305,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$305,000
Median Single Family Sale Price
$318,000
Median Townhouse Sale Price
$349,990
Average Price Per Sq Ft
$160
Number of Homes for Sale
354
Last 12 months Home Sales
2,070
Median List Price
$321,100
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%