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Is Cedar Grove, NC 27231 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cedar Grove is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market

Sold above original list50%Share of sales, last 3 months

Median sale-to-list102.3%Sold price ÷ list price

Median days on market70Listing to accepted offer

Median price per sq ft$244▼ −3.1% vs. last year

Run the numbers for 27231

Prefilled for 27231Can I win this house?Multiple-offer likelihood for a listing Prefilled for 27231Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Carrboro 27510Seller’s market $282 /sq ft Chapel Hill 27514Balanced $299 /sq ft Chapel Hill 27516Seller’s market $277 /sq ft Efland 27243Balanced $270 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology