Is Shannon, NC 28386 a buyer’s or seller’s market?
Shannon is a buyer’s market. With about 8.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply8.5Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market26Listing to accepted offer
Median price per sq ft$133▲ +1.3% vs. last year
Run the numbers for 28386
Nearby markets
Fairmont 28340 $75 /sq ftLumber Bridge 28357Seller’s market $161 /sq ftLumberton 28358Balanced $121 /sq ftLumberton 28360Seller’s market $163 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology