Is Pelham, NC 27311 a buyer’s or seller’s market?
Pelham is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Pelham housing market right now
In the three months ending August 31, 2026, 0% of homes in Pelham, NC 27311 sold above their list price, the typical home went under contract in 33 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (154 days then) and the median sale price rose 100% to $457,252. Overall, Pelham is more competitive than a year ago, so tougher for buyers.
Within Caswell County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Prospect Hill 27314 (100% sold over asking) and Blanch 27212 (25% sold over asking) are even more competitive.
Run the numbers for 27311
Nearby markets
Blanch 27212Seller’s market $159 /sq ftLeasburg 27291Seller’s market $302 /sq ftMilton 27305Buyer’s market $124 /sq ftProspect Hill 27314Buyer’s market $198 /sq ft Browse all markets →Towns like Pelham nearby
Find towns like Pelham in other states →Where Pelham is
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Questions about Pelham real estate
Is Pelham a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Pelham, NC 27311 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 Pelham?
The typical home went under contract in 33 days in the latest three months.
Do homes in Pelham sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Pelham?
About 0.69% of a home’s value a year in Caswell County, or roughly $2,760 on a $400,000 home.
What is the median home price in Pelham?
The median sale price was $457,252 in the three months ending August 31, 2026, about $141 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