Is Elm City, NC 27822 a buyer’s or seller’s market?
Elm City is a seller’s market. With about 3.7 months of supply and 31% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score66/ 100
More competitive than 69% of U.S. ZIP codes, and #7 of 431 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
Months of supply3.7Under 4 months = seller’s market
Sold above original list30.8%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$187▲ +2.0% vs. last year
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Nearby markets
Black Creek 27813Seller’s market $105 /sq ftLucama 27851Seller’s market $180 /sq ftSaratoga 27873 — /sq ftSims 27880Seller’s market $165 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology