# South Molton Property Market Summary
South Molton's property market demonstrates a notably dynamic trajectory, with the current average price of £231,222 across nearly 3,000 properties. The market has experienced substantial growth since 2016, when average prices stood at £209,801. A remarkable peak occurred in 2023 with average prices reaching £577,986, though this appears to have been an anomaly, with the market stabilising around the £360,000-£375,000 range in 2024-2025. This represents approximately 80% growth from the 2016 baseline, reflecting strong demand for this North Devon market town.
The yearly trend reveals consistent upward momentum, particularly notable during the 2020-2022 period when prices climbed from £300,444 to £376,051, likely influenced by the pandemic-driven surge in rural property demand. Transaction volumes have remained relatively healthy, typically ranging between 210-284 sales annually, though 2025's figures (116 sales) reflect only partial-year data. South Molton's market appears to offer a blend of rural appeal and relative affordability compared to Devon's coastal hotspots, making it an attractive option for buyers seeking characterful country-town living with good community amenities whilst maintaining reasonable access to both Exmoor and major North Devon centres.
The average house price in South Molton, Devon is £231,222. Prices range from £10,000 to £12,300,115.
There are 2,953 properties in South Molton with 3,501 recorded transactions since 1995.
The median house price in South Molton is £185,000, compared to an average of £231,222.
South Molton has 1,231 detached properties, 841 terraced properties, 521 semi-detached properties, 190 other properties.
Average house prices in South Molton have risen by 504.3% from £62,270 in 1995 to £376,317 in 2025.
The most popular streets in South Molton by number of properties include East Street, Raleigh Mead, South Street, Nadder Meadow, Ash Drive.
South Molton is located in Devon, in the North Devon district.