Is Pikeville, NC 27863 a buyer’s or seller’s market?
Pikeville is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 28% of U.S. ZIP codes, and #213 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
The Pikeville housing market right now
In the three months ending August 31, 2026, 13% of homes in Pikeville, NC 27863 sold above their list price, the typical home went under contract in 109 days and there were 4.2 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 65 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold more slowly (65 days then) and the median sale price rose 3% to $314,864. Overall, Pikeville is less competitive than a year ago, which gives buyers more room.
Within Wayne County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Pikeville ranks #213 of 424 NC ZIP codes with enough sales (score 31 out of 100).
Nearby, buyers who want less competition could look at Seven Springs 28578 (0% sold over asking) or Goldsboro 27530 (7% sold over asking), while Dudley 28333 (33% sold over asking) and Goldsboro 27534 (18% sold over asking) are even more competitive.
Run the numbers for 27863
Nearby markets
Dudley 28333Balanced $153 /sq ftFremont 27830Seller’s market $160 /sq ftGoldsboro 27530Balanced $148 /sq ftGoldsboro 27534Seller’s market $160 /sq ft Browse all markets →Towns like Pikeville nearby
Find towns like Pikeville in other states →Where Pikeville is
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Questions about Pikeville real estate
Is Pikeville a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Pikeville, NC 27863 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 Pikeville?
The typical home went under contract in 109 days in the latest three months.
Do homes in Pikeville sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Pikeville?
About 0.70% of a home’s value a year in Wayne County, or roughly $2,800 on a $400,000 home.
What is the median home price in Pikeville?
The median sale price was $314,864 in the three months ending August 31, 2026, about $165 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