Is Scotland Neck, NC 27874 a buyer’s or seller’s market?
Scotland Neck is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Scotland Neck housing market right now
In the three months ending August 31, 2026, 0% of homes in Scotland Neck, NC 27874 sold above their list price, the typical home went under contract in 49 days and there were 5.9 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. With only 7 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (22 days then) and the median sale price rose 39% to $199,913. Overall, Scotland Neck is less competitive than a year ago, which gives buyers more room.
Within Halifax County, homes here sell less often over asking than in any other ZIP code in the county.
Nearby, Enfield 27823 (33% sold over asking) and Littleton 27850 (16% sold over asking) are even more competitive.
Run the numbers for 27874
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 →Towns like Scotland Neck nearby
Find towns like Scotland Neck in other states →Where Scotland Neck is
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Questions about Scotland Neck real estate
Is Scotland Neck a buyer’s or seller’s market?
A balanced market: there were 5.9 months of supply in Scotland Neck, NC 27874 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 Scotland Neck?
The typical home went under contract in 49 days in the latest three months.
Do homes in Scotland Neck sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.
What are property taxes in Scotland Neck?
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 Scotland Neck?
The median sale price was $199,913 in the three months ending August 31, 2026, about $115 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