Local Market Snapshot: February 2026 in the Longleaf Pine REALTORS® Region
What REALTORS® Are Seeing Across Our Communities Last Month
As the spring market begins to take shape, February data across the Longleaf Pine REALTORS® region points to a market with stronger buyer activity, modest inventory growth, and continued price stability. Region-wide, pending sales increased 11.8 percent to 684, while the median sales price rose 2.8 percent to $297,990. Homes for sale also increased 4.4 percent to 2,153, bringing the region to 3.5 months of inventory. At the same time, closed sales were essentially flat year-over-year, down just 0.4 percent to 483, and new listings decreased 5.3 percent to 757.
The broader 12-month view tells a similar story of a market that is active, but still segmented by price point and property type. For the period spanning March 2025 through February 2026, the strongest pending sales growth occurred in the $350,000 and above price range, where activity rose 11.0 percent. Overall median sales price increased 4.6 percent to $298,100, and townhouse/condo prices posted the largest gain by property type, rising 5.7 percent to $185,000. Inventory rose 4.4 percent overall, with 3.4 months of supply for single-family homes and 4.8 months for townhouse/condo properties. The $150,000 to $249,999 range remained the fastest-moving segment at 40 days, while homes priced at $350,000 and above took the longest to sell at 72 days.
Showing activity also reflected continued buyer engagement across the region’s local markets. Cumberland County led the area with 4,988 showings in February and buyer interest of 4.2 showings per listing. Hoke County recorded 904 showings with buyer interest at 4.1, while Lee County posted 328 showings and buyer interest at 3.2. These figures suggest that, even with inventory improving in some segments, buyers are still actively watching and touring homes across the region.
Regional Overview
February’s numbers suggest a market that is becoming more balanced, but not slower. Buyers are still writing contracts at a healthy pace, particularly in existing single-family homes, where pending sales climbed 15.4 percent year-over-year to 473. New construction also remained a meaningful force in the market, with closed sales up 18.5 percent to 154, median sales price up 1.6 percent to $349,900, and days on market down 17.9 percent to 101.
At the same time, inventory gains are giving buyers somewhat more breathing room. Existing single-family homes for sale increased 15.9 percent year-over-year to 1,295, while months supply rose from 2.4 to 3.0. That added supply may be helping explain why days on market for existing homes increased from 45 to 56 days, even as affordability improved slightly and contract activity strengthened.
Overall, February reflects a market that is active, price-resilient, and increasingly shaped by local conditions, property type, and price range.
County-by-County Snapshot
Cumberland County
Cumberland County remained the region’s busiest market in February, with 4,988 total showings, up 1.7 percent year-over-year and 7.1 percent month-over-month. Buyer interest rose to 4.2 showings per listing, up 4.6 percent from last year and 13.8 percent from January, while managed listings totaled 1,311.
The strongest activity was concentrated in the $150,000 to $249,999 price range, which generated 2,353 showings and 5.0 showings per listing. The under-$150,000 segment also posted a 19.3 percent year-over-year increase in showings. By contrast, activity was softer in the $350,000 and above category, where showings declined 2.9 percent year-over-year and 9.9 percent month-over-month. Even so, Cumberland continues to show broad-based buyer engagement, especially in the region’s more attainable price bands.
Hoke County
Hoke County recorded 904 showings in February, down 5.9 percent year-over-year but up 12.7 percent from January. Buyer interest climbed sharply to 4.1 showings per listing, a 37.0 percent increase year-over-year and a 34.2 percent gain month-over-month, while managed listings fell to 252.
The $250,000 to $349,999 range generated the most activity with 469 showings, up 25.1 percent from January, and buyer interest in that segment rose 45.5 percent month-over-month. The $150,000 to $249,999 range posted the highest buyer interest overall at 6.3 showings per listing, while showings in the $350,000 and above category increased 14.2 percent from January. Hoke’s February data points to a market where demand remains active even as available inventory stays comparatively tight.
Lee County
Lee County was steadier in February, posting 328 showings, up 0.6 percent year-over-year but down 2.1 percent from January. Buyer interest measured 3.2 showings per listing, and managed listings increased 7.3 percent year-over-year to 118.
While overall activity was more measured than in Cumberland or Hoke, Lee County still saw meaningful movement in select price segments. Showings in the $350,000 and above range jumped 40.9 percent month-over-month to 124, and the $150,000 to $249,999 range posted strong buyer interest at 5.9 showings per listing. These numbers suggest buyers are still engaged in Lee County, but with a more targeted approach based on price point and available inventory.
Looking Ahead
February’s housing data shows a region that is active and adjusting, not retreating. Pending sales are improving, inventory is gradually expanding, and prices remain firm across much of the market. New construction continues to play an important role, while existing-home buyers are still driving much of the contract activity.
For buyers and sellers alike, this remains a market where local expertise matters. Conditions continue to vary by county, by price point, and by property type, making hyper-local guidance more important than ever.
For the most accurate, neighborhood-level insight, Longleaf Pine REALTORS® members have the real-time market knowledge and professional expertise to help clients navigate today’s housing market with confidence.
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