Is Garner, NC 27529 a buyer’s or seller’s market?

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

Garner is a seller’s market. With about 2.8 months of supply and 11% 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 score42/ 100

More competitive than 42% of U.S. ZIP codes, and #115 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 supply2.8Under 4 months = seller’s market
Sold above original list10.7%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$182▼ −3.8% vs. last year

The Garner housing market right now

In the three months ending August 31, 2026, 11% of homes in Garner, NC 27529 sold above their list price, the typical home went under contract in 36 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 307 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (34 days then) and the median sale price fell 8% to $399,827. Overall, Garner is less competitive than a year ago, which gives buyers more room.

Within Wake County, homes here sell more slowly than in 52% of the county’s ZIP codes, and sell less often over asking than in 93%. On our competition score, Garner ranks #115 of 424 NC ZIP codes with enough sales (score 42 out of 100).

Nearby, buyers who want less competition could look at Raleigh 27605 (4% sold over asking), while Raleigh 27608 (32% sold over asking) and Cary 27518 (29% sold over asking) are even more competitive.

Nearby markets

Apex 27502Seller’s market $241 /sq ftApex 27539Seller’s market $237 /sq ftCary 27511Seller’s market $286 /sq ftCary 27513Seller’s market $258 /sq ft Browse all markets →

Where Garner is

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Questions about Garner real estate

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

A seller’s market: there were 2.8 months of supply in Garner, NC 27529 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 Garner?

The typical home went under contract in 36 days in the latest three months.

Do homes in Garner sell over asking?

11% 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 Garner?

About 0.71% of a home’s value a year in Wake County, or roughly $2,840 on a $400,000 home.

What is the median home price in Garner?

The median sale price was $399,827 in the three months ending August 31, 2026, about $182 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