Is Bessemer City, NC 28016 a buyer’s or seller’s market?
Bessemer City 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 37% of U.S. ZIP codes, and #151 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 Bessemer City housing market right now
In the three months ending August 31, 2026, 19% of homes in Bessemer City, NC 28016 sold above their list price, the typical home went under contract in 77 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 64 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (53 days then) and the median sale price rose 13% to $299,870. Overall, Bessemer City is about as competitive as it was a year ago.
Within Gaston County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Bessemer City ranks #151 of 424 NC ZIP codes with enough sales (score 38 out of 100).
Nearby, buyers who want less competition could look at Mc Adenville 28101 (0% sold over asking) or High Shoals 28077 (0% sold over asking).
Run the numbers for 28016
Nearby markets
Alexis 28006Buyer’s market $250 /sq ftBelmont 28012Seller’s market $240 /sq ftCherryville 28021Balanced $170 /sq ftCramerton 28032Balanced $193 /sq ft Browse all markets →Towns like Bessemer City nearby
Find towns like Bessemer City in other states →Where Bessemer City is
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Questions about Bessemer City real estate
Is Bessemer City a buyer’s or seller’s market?
A balanced market: there were 4.2 months of supply in Bessemer City, NC 28016 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 Bessemer City?
The typical home went under contract in 77 days in the latest three months.
Do homes in Bessemer City sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Bessemer City?
About 0.75% of a home’s value a year in Gaston County, or roughly $3,000 on a $400,000 home.
What is the median home price in Bessemer City?
The median sale price was $299,870 in the three months ending August 31, 2026, about $183 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