Is Hobbsville, NC 27946 a buyer’s or seller’s market?
Hobbsville is a seller’s market. With about 1.1 months of supply and 100% 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.
The Hobbsville housing market right now
In the three months ending August 31, 2026, 100% of homes in Hobbsville, NC 27946 sold above their list price, the typical home went under contract in 68 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (8 days then) and the median sale price fell 21% to $259,788. Overall, Hobbsville is more competitive than a year ago, so tougher for buyers.
Within Gates County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Corapeake 27926 (0% sold over asking) or Gates 27937 (11% sold over asking).
Run the numbers for 27946
Nearby markets
Corapeake 27926Seller’s market $217 /sq ftEure 27935Seller’s market $130 /sq ftGates 27937Seller’s market $195 /sq ftGatesville 27938 — /sq ft Browse all markets →Towns like Hobbsville nearby
Find towns like Hobbsville in other states →Where Hobbsville is
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Questions about Hobbsville real estate
Is Hobbsville a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Hobbsville, NC 27946 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 Hobbsville?
The typical home went under contract in 68 days in the latest three months.
Do homes in Hobbsville sell over asking?
100% of homes sold above their original list price, and the typical sale closed at 102.7% of the list price.
What are property taxes in Hobbsville?
About 0.76% of a home’s value a year in Gates County, or roughly $3,040 on a $400,000 home.
What is the median home price in Hobbsville?
The median sale price was $259,788 in the three months ending August 31, 2026, about $175 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