Is Locust, NC 28097 a buyer’s or seller’s market?

The Locust housing market right now

In the three months ending August 31, 2026, 14% of homes in Locust, NC 28097 sold above their list price, the typical home went under contract in 71 days and there were 4.3 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 60 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold more slowly (49 days then) and the median sale price fell 1% to $405,824. Overall, Locust is about as competitive as it was a year ago.

Within Stanly County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Locust ranks #182 of 424 NC ZIP codes with enough sales (score 34 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.