Is Hobgood, NC 27843 a buyer’s or seller’s market?
Hobgood is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Hobgood housing market right now
In the three months ending August 31, 2026, 0% of homes in Hobgood, NC 27843 sold above their list price and the typical home went under contract in 23 days. With only 1 sale, these figures can swing a lot from month to month.
Within Edgecombe County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Pinetops 27864 (50% sold over asking) and Rocky Mount 27801 (21% sold over asking) are even more competitive.
Run the numbers for 27843
Nearby markets
Battleboro 27809Buyer’s market $198 /sq ftMacclesfield 27852Seller’s market $151 /sq ftPinetops 27864Balanced $132 /sq ftRocky Mount 27801Buyer’s market $109 /sq ft Browse all markets →Where Hobgood is
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Questions about Hobgood real estate
How fast do homes sell in Hobgood?
The typical home went under contract in 23 days in the latest three months.
Do homes in Hobgood sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Hobgood?
About 1.04% of a home’s value a year in Edgecombe County, or roughly $4,160 on a $400,000 home.
What is the median home price in Hobgood?
The median sale price was $209,909 in the three months ending August 31, 2026, about $156 per square foot.
Local agents
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More tools for 27843
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology