August 2025 Real Estate Market Update

If you’ve been keeping an eye on the housing market, you’ve probably noticed things feel more balanced than they have in recent years. Buyers have more room to negotiate because there are more homes available—right now, we have about 7 months of inventory. That’s a big shift compared to the competitive “seller’s market” of the past.

Here, around Fort Bragg, interest rates are holding steady around 6%–6.25%, and homes are taking about 60 days on average to sell. Sellers are also making adjustments—we’re seeing a large number of price decreases as they compete for buyer attention. Even with that, the market is moving: over 3,500 homes sold last month alone. The numbers shift slightly when you consider homes in Moore County vs. Cumberland County or Hoke County.

Negotiations aren’t drastic, but they’re definitely happening. Buyers are asking for a little more, and sellers are willing to work with them.

Looking ahead, the Federal Reserve’s September 17th meeting could be a game changer. If the Fed lowers interest rates, we can expect a small frenzy in the housing market here. Many buyers are waiting on the sidelines for that drop, which will mean more competition, faster-moving homes, and less negotiation power for buyers.

What This Means for You

If you’re a buyer, now is the time to get pre-approved and understand your budget—because if rates drop, competition could heat up again. If you’re a seller, pricing your home right is key in today’s market. Also, keep in touch with me to see how this meeting later this month could affect our market.

Want to stay up-to-date on interest rates and local market trends? 👉 Send me an email here and I’ll keep you in the loop.

You can also follow me on Facebook @ErinWrightRealtor or Instagram @ErinWrightRealtor and