Is Roanoke Rapids, NC 27870 a buyer’s or seller’s market?

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

Roanoke Rapids is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score18/ 100

More competitive than 12% of U.S. ZIP codes, and #339 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 supply5Under 4 months = seller’s market
Sold above original list10.5%Share of sales, last 3 months
Median sale-to-list95.8%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$126▲ +0.6% vs. last year

The Roanoke Rapids housing market right now

In the three months ending August 31, 2026, 11% of homes in Roanoke Rapids, NC 27870 sold above their list price, the typical home went under contract in 62 days and there were 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 39 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (33 days then) and the median sale price rose 33% to $246,893. Overall, Roanoke Rapids is less competitive than a year ago, which gives buyers more room.

Within Halifax County, homes here sell more often over asking than in 50% of the county’s ZIP codes. On our competition score, Roanoke Rapids ranks #339 of 424 NC ZIP codes with enough sales (score 18 out of 100).

Nearby, buyers who want less competition could look at Scotland Neck 27874 (0% sold over asking) or Halifax 27839 (0% sold over asking), while Enfield 27823 (33% sold over asking) and Littleton 27850 (16% sold over asking) are even more competitive.

Nearby markets

Enfield 27823Seller’s market $106 /sq ftHalifax 27839Buyer’s market $91 /sq ftHollister 27844 — /sq ftLittleton 27850Seller’s market $314 /sq ft Browse all markets →

Where Roanoke Rapids is

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Questions about Roanoke Rapids real estate

Is Roanoke Rapids a buyer’s or seller’s market?

A balanced market: there were 5 months of supply in Roanoke Rapids, NC 27870 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 Roanoke Rapids?

The typical home went under contract in 62 days in the latest three months.

Do homes in Roanoke Rapids sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.

What are property taxes in Roanoke Rapids?

About 1.15% of a home’s value a year in Halifax County, or roughly $4,600 on a $400,000 home.

What is the median home price in Roanoke Rapids?

The median sale price was $246,893 in the three months ending August 31, 2026, about $126 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