Why Live in Siler City
Siler City, North Carolina, is a diverse and resilient community situated 32 miles southeast of Greensboro and 54 miles west of Raleigh. Known for its historical ties to actress Frances Bavier, the town has a rich history dating back to its founding in 1887. Siler City has evolved from a farming and milling hub to a center for industry, particularly poultry, which continues to be a significant economic driver. The town is experiencing growth with new industries like Wolfspeed bringing in 1,800 jobs, and recent expansions in infrastructure, including a new affordable housing development and an upgraded water sewage treatment plant. The local housing market features a mix of historic cottages, Cape Cods, ranch-style homes, and newer two-story traditional homes, with prices ranging from $250,000 to $600,000. Downtown Siler City, centered around Chatham Avenue, is revitalizing with locally owned shops, cafes, and the North Carolina Arts Incubator, which supports local artists and hosts community events. The town's parks, such as Bray Park and the Loves Creek Greenway, provide ample recreational opportunities, while Jordan Lake State Recreation Area, 27 miles east, offers camping and outdoor activities. Siler City is served by Chatham County Schools and Chatham Charter School, both of which are highly rated. The town's crime rates are on a downward trend, with property crime below the national average. Summers are hot and humid, while winters are mild with occasional snowfall.
Home Trends in Siler City, NC
On average, homes in Siler City, NC sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Siler City, NC over the last 12 months is $279,900, down 10% from the median home sale price over the previous 12 months.
Median Sale Price
$279,900
Median Single Family Sale Price
$335,000
Median Townhouse Sale Price
$305,000
Average Price Per Sq Ft
$219
Number of Homes for Sale
34
Last 12 months Home Sales
157
Median List Price
$339,950
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-10%