Is Advance, NC 27006 a buyer’s or seller’s market?

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

Advance is a seller’s market. With about 2.9 months of supply and 13% 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 score41/ 100

More competitive than 40% of U.S. ZIP codes, and #130 of 424 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 August 31, 2026. See the breakdown

Months of supply2.9Under 4 months = seller’s market
Sold above original list12.9%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$191▲ +15.6% vs. last year

The Advance housing market right now

In the three months ending August 31, 2026, 13% of homes in Advance, NC 27006 sold above their list price, the typical home went under contract in 41 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 87 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold faster (46 days then) and the median sale price rose 14% to $437,811. Overall, Advance is less competitive than a year ago, which gives buyers more room.

On our competition score, Advance ranks #130 of 424 NC ZIP codes with enough sales (score 41 out of 100).

Nearby, buyers who want less competition could look at Cooleemee 27014 (0% sold over asking), while Mocksville 27028 (20% sold over asking) is even more competitive.

Nearby markets

Cooleemee 27014Seller’s market $98 /sq ftMocksville 27028Seller’s market $178 /sq ft Browse all markets →

Where Advance is

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Questions about Advance real estate

Is Advance a buyer’s or seller’s market?

A seller’s market: there were 2.9 months of supply in Advance, NC 27006 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Advance?

The typical home went under contract in 41 days in the latest three months.

Do homes in Advance sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Advance?

About 0.63% of a home’s value a year in Davie County, or roughly $2,520 on a $400,000 home.

What is the median home price in Advance?

The median sale price was $437,811 in the three months ending August 31, 2026, about $191 per square foot.

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