Is Albemarle, NC 28001 a buyer’s or seller’s market?

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

Albemarle 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 score13/ 100

More competitive than 7% of U.S. ZIP codes, and #372 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 list5.7%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market90Listing to accepted offer
Median price per sq ft$182▲ +3.3% vs. last year

The Albemarle housing market right now

In the three months ending August 31, 2026, 6% of homes in Albemarle, NC 28001 sold above their list price, the typical home went under contract in 90 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 108 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 15%, homes sold more slowly (67 days then) and the median sale price rose 2% to $264,885. Overall, Albemarle is less competitive than a year ago, which gives buyers more room.

Within Stanly County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Albemarle ranks #372 of 424 NC ZIP codes with enough sales (score 13 out of 100).

Nearby, buyers who want less competition could look at Norwood 28128 (0% sold over asking) or Badin 28009 (0% sold over asking), while Oakboro 28129 (29% sold over asking) and Stanfield 28163 (23% sold over asking) are even more competitive.

Nearby markets

Badin 28009Seller’s market $117 /sq ftLocust 28097Balanced $174 /sq ftNew London 28127Balanced $244 /sq ftNorwood 28128Buyer’s market $226 /sq ft Browse all markets →

Where Albemarle is

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Questions about Albemarle real estate

Is Albemarle a buyer’s or seller’s market?

A balanced market: there were 5 months of supply in Albemarle, NC 28001 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 Albemarle?

The typical home went under contract in 90 days in the latest three months.

Do homes in Albemarle sell over asking?

6% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Albemarle?

About 0.57% of a home’s value a year in Stanly County, or roughly $2,280 on a $400,000 home.

What is the median home price in Albemarle?

The median sale price was $264,885 in the three months ending August 31, 2026, about $182 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