Is Asheboro, NC 27203 a buyer’s or seller’s market?

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

Asheboro is a seller’s market. With about 3.7 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 score30/ 100

More competitive than 27% of U.S. ZIP codes, and #227 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 supply3.7Under 4 months = seller’s market
Sold above original list12.8%Share of sales, last 3 months
Median sale-to-list97.7%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$145▼ −15.2% vs. last year

The Asheboro housing market right now

In the three months ending August 31, 2026, 13% of homes in Asheboro, NC 27203 sold above their list price, the typical home went under contract in 61 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (48 days then) and the median sale price fell 14% to $214,907. Overall, Asheboro is less competitive than a year ago, which gives buyers more room.

Within Randolph County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Asheboro ranks #227 of 424 NC ZIP codes with enough sales (score 30 out of 100).

Nearby, buyers who want less competition could look at Climax 27233 (0% sold over asking) or Seagrove 27341 (8% sold over asking), while Trinity 27370 (22% sold over asking) and Asheboro 27205 (21% sold over asking) are even more competitive.

Nearby markets

Asheboro 27205Seller’s market $188 /sq ftClimax 27233Seller’s market $188 /sq ftFranklinville 27248Seller’s market $180 /sq ftHigh Point 27263Seller’s market $176 /sq ft Browse all markets →

Where Asheboro is

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Questions about Asheboro real estate

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

A seller’s market: there were 3.7 months of supply in Asheboro, NC 27203 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 Asheboro?

The typical home went under contract in 61 days in the latest three months.

Do homes in Asheboro sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 97.7% of the list price.

What are property taxes in Asheboro?

About 0.67% of a home’s value a year in Randolph County, or roughly $2,680 on a $400,000 home.

What is the median home price in Asheboro?

The median sale price was $214,907 in the three months ending August 31, 2026, about $145 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