Is Elm City, NC 27822 a buyer’s or seller’s market?
Elm City is a seller’s market. With about 3.7 months of supply and 31% 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.
More competitive than 69% of U.S. ZIP codes, and #7 of 431 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 July 31, 2026. See the breakdown
The Elm City housing market right now
In the three months ending August 31, 2026, 31% of homes in Elm City, NC 27822 sold above their list price, the typical home went under contract in 35 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 13 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (31% then), homes sold faster (48 days then) and the median sale price rose 5% to $285,876. Overall, Elm City is more competitive than a year ago, so tougher for buyers.
Within Wilson County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 83%.
Nearby, buyers who want less competition could look at Stantonsburg 27883 (0% sold over asking) or Black Creek 27813 (0% sold over asking), while Lucama 27851 (38% sold over asking) is even more competitive.
Run the numbers for 27822
Nearby markets
Black Creek 27813Seller’s market $105 /sq ftLucama 27851Seller’s market $180 /sq ftSaratoga 27873 — /sq ftSims 27880Seller’s market $165 /sq ft Browse all markets →Towns like Elm City nearby
Find towns like Elm City in other states →Where Elm City is
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Questions about Elm City real estate
Is Elm City a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Elm City, NC 27822 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 Elm City?
The typical home went under contract in 35 days in the latest three months.
Do homes in Elm City sell over asking?
31% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.
What are property taxes in Elm City?
About 0.79% of a home’s value a year in Wilson County, or roughly $3,160 on a $400,000 home.
What is the median home price in Elm City?
The median sale price was $285,876 in the three months ending August 31, 2026, about $187 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