Is Ellenboro, NC 28040 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Ellenboro is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.1Under 4 months = seller’s market

Sold above original list19%Share of sales, last 3 months

Median sale-to-list94.1%Sold price ÷ list price

Median days on market84Listing to accepted offer

Median price per sq ft$183▲ +9.4% vs. last year

Run the numbers for 28040

Prefilled for 28040Can I win this house?Multiple-offer likelihood for a listing Prefilled for 28040Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bostic 28018Buyer’s market $202 /sq ft Forest City 28043Balanced $153 /sq ft Lake Lure 28746Buyer’s market $313 /sq ft Rutherfordton 28139Balanced $185 /sq ft Browse all markets →

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