76 cities with year-over-year price decreases
-35.1%
Biggest Drop
-11.9%
Avg Decline
Price drops can signal buying opportunities. These markets may offer better negotiating leverage and more affordable entry points compared to last year.
| # | City | YoY Change | Median Price | Days on Market | Months Supply |
|---|---|---|---|---|---|
| 1 | Lake Norman of Iredell | -35.1% | $1.08M | 112 days | 3.5 mo |
| 2 | Blowing Rock | -34.4% | $763K | 72 days | 3.6 mo |
| 3 | Lumberton | -31.0% | $165K | 71 days | 3.5 mo |
| 4 | Summerfield | -30.4% | $568K | 49 days | 2.1 mo |
| 5 | Butner | -29.2% | $250K | 38 days | 1.7 mo |
| 6 | Nags Head | -27.3% | $575K | 52 days | 3.9 mo |
| 7 | Mills River | -26.0% | $477K | 64 days | 5.9 mo |
| 8 | Beaufort | -22.5% | $500K | 68 days | 3.2 mo |
| 9 | Kitty Hawk | -22.3% | $570K | 64 days | 3.7 mo |
| 10 | Fuquay-Varina | -22.1% | $428K | 67 days | 2.5 mo |
| 11 | Southern Pines | -21.0% | $453K | 52 days | 5.0 mo |
| 12 | Etowah | -20.8% | $380K | 132 days | 3.8 mo |
| 13 | Hampstead | -20.7% | $464K | 104 days | 4.8 mo |
| 14 | Weaverville | -20.5% | $378K | 126 days | 4.2 mo |
| 15 | Maggie Valley | -19.9% | $381K | 202 days | 3.8 mo |
| 16 | King | -17.9% | $259K | 115 days | 3.7 mo |
| 17 | Chapel Hill | -17.1% | $498K | 48 days | 2.2 mo |
| 18 | Morrisville | -16.5% | $426K | 89 days | 1.6 mo |
| 19 | Bessemer City | -16.3% | $221K | 42 days | 3.1 mo |
| 20 | Woodfin | -16.3% | $385K | 128 days | 6.6 mo |
| 21 | Marion | -16.1% | $193K | 38 days | 5.6 mo |
| 22 | Boiling Spring Lakes | -14.5% | $280K | 64 days | 5.1 mo |
| 23 | Greenville | -14.4% | $227K | 46 days | 2.8 mo |
| 24 | Westport | -13.9% | $575K | 104 days | 2.0 mo |
| 25 | Carolina Shores | -13.9% | $342K | 90 days | 3.2 mo |
| 26 | Beech Mountain | -13.2% | $330K | 104 days | 5.4 mo |
| 27 | Atlantic Beach | -12.7% | $645K | 31 days | 8.9 mo |
| 28 | Albemarle | -12.6% | $249K | 69 days | 5.0 mo |
| 29 | Oxford | -12.5% | $210K | 47 days | 2.0 mo |
| 30 | Wingate | -12.1% | $307K | 198 days | 3.0 mo |
| 31 | Asheville | -12.1% | $444K | 82 days | 5.2 mo |
| 32 | Selma | -11.8% | $265K | 82 days | 1.6 mo |
| 33 | Trinity | -11.0% | $289K | 53 days | 4.0 mo |
| 34 | Northchase | -10.5% | $320K | 81 days | 1.2 mo |
| 35 | Graham | -10.3% | $295K | 77 days | 3.4 mo |
| 36 | Elizabeth City | -10.2% | $250K | 63 days | 2.7 mo |
| 37 | Mount Airy | -9.8% | $246K | 68 days | 2.8 mo |
| 38 | Southern Shores | -9.7% | $628K | 66 days | 2.0 mo |
| 39 | Lenoir | -9.6% | $230K | 84 days | 3.5 mo |
| 40 | Matthews | -9.5% | $500K | 57 days | 2.2 mo |
| 41 | Cornelius | -9.2% | $525K | 72 days | 3.0 mo |
| 42 | Denver | -9.1% | $517K | 57 days | 2.5 mo |
| 43 | Cary | -8.8% | $570K | 47 days | 2.0 mo |
| 44 | Raeford | -8.8% | $266K | 67 days | 2.5 mo |
| 45 | Locust | -8.6% | $366K | 81 days | 2.6 mo |
| 46 | Statesville | -8.4% | $270K | 74 days | 5.0 mo |
| 47 | Conover | -8.1% | $314K | 42 days | 2.4 mo |
| 48 | Hope Mills | -7.3% | $255K | 50 days | 2.7 mo |
| 49 | Garner | -7.1% | $391K | 72 days | 1.9 mo |
| 50 | Angier | -7.0% | $330K | 111 days | 3.2 mo |
| 51 | Rolesville | -7.0% | $400K | 122 days | 2.9 mo |
| 52 | Waynesville | -6.9% | $343K | 123 days | 3.6 mo |
| 53 | Cherryville | -6.7% | $263K | 82 days | 6.2 mo |
| 54 | Marvin | -6.5% | $1.09M | 31 days | 2.5 mo |
| 55 | Canton | -6.5% | $374K | 82 days | 3.0 mo |
| 56 | Kill Devil Hills | -6.5% | $505K | 103 days | 3.8 mo |
| 57 | Porters Neck | -5.8% | $678K | 136 days | 2.8 mo |
| 58 | Huntersville | -5.7% | $525K | 75 days | 2.1 mo |
| 59 | Cramerton | -5.6% | $298K | 66 days | 3.3 mo |
| 60 | Monroe | -5.3% | $389K | 59 days | 2.2 mo |
| 61 | Five Points | -5.3% | $348K | 86 days | 1.1 mo |
| 62 | Shallotte | -4.6% | $281K | 91 days | 3.8 mo |
| 63 | Wake Forest | -4.5% | $450K | 49 days | 2.9 mo |
| 64 | Spout Springs | -4.4% | $325K | 91 days | 2.5 mo |
| 65 | Rocky Mount | -4.3% | $215K | 35 days | 4.8 mo |
| 66 | Mooresville | -3.7% | $442K | 104 days | 3.4 mo |
| 67 | Sanford | -3.6% | $304K | 96 days | 4.9 mo |
| 68 | Ogden | -3.5% | $550K | 59 days | 2.1 mo |
| 69 | Surf City | -3.1% | $465K | 156 days | 4.0 mo |
| 70 | Wilson's Mills | -2.9% | $330K | 90 days | 2.3 mo |
| 71 | Gibsonville | -2.9% | $319K | 71 days | 3.1 mo |
| 72 | New Bern | -2.7% | $328K | 69 days | 2.9 mo |
| 73 | Murraysville | -2.2% | $373K | 54 days | 1.5 mo |
| 74 | Morehead City | -1.4% | $395K | 70 days | 9.3 mo |
| 75 | Washington | -1.3% | $270K | 91 days | 2.9 mo |
| 76 | Clayton | -0.1% | $326K | 73 days | 2.9 mo |
76 cities in North Carolina are experiencing year-over-year price declines. The largest drop is in Lake Norman of Iredell at -35.1%.
Price drops can create buying opportunities, but timing the market is difficult. Work with a local agent who understands whether a market is stabilizing or may continue to decline.
Work with a local agent who can help you identify value in changing markets.
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