Is Sophia, NC 27350 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Sophia is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.5Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$198▲ +7.2% vs. last year

The Sophia housing market right now

In the three months ending August 31, 2026, 20% of homes in Sophia, NC 27350 sold above their list price, the typical home went under contract in 35 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 10 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 36%, homes sold more slowly (29 days then) and the median sale price fell 15% to $281,128. Overall, Sophia is less competitive than a year ago, which gives buyers more room.

Within Randolph County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 80%.

Nearby, buyers who want less competition could look at Climax 27233 (0% sold over asking) or Seagrove 27341 (8% sold over asking).

Nearby markets

Asheboro 27203Seller’s market $145 /sq ftAsheboro 27205Seller’s market $188 /sq ftClimax 27233Seller’s market $188 /sq ftFranklinville 27248Seller’s market $180 /sq ft Browse all markets →

Where Sophia is

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Questions about Sophia real estate

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

A balanced market: there were 4.5 months of supply in Sophia, NC 27350 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 Sophia?

The typical home went under contract in 35 days in the latest three months.

Do homes in Sophia sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 98.3% of the list price.

What are property taxes in Sophia?

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 Sophia?

The median sale price was $281,128 in the three months ending August 31, 2026, about $198 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