Is Matthews, NC 28104 a buyer’s or seller’s market?
Matthews is a seller’s market. With about 2.3 months of supply and 26% 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.
More competitive than 57% of U.S. ZIP codes, and #27 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 Matthews housing market right now
In the three months ending August 31, 2026, 26% of homes in Matthews, NC 28104 sold above their list price, the typical home went under contract in 47 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 205 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold more slowly (43 days then) and the median sale price rose 3% to $699,697. Overall, Matthews is about as competitive as it was a year ago.
Within Union County, homes here sell faster, and more often over asking, than in any other ZIP code in the county. On our competition score, Matthews ranks #27 of 424 NC ZIP codes with enough sales (score 55 out of 100).
Nearby, buyers who want less competition could look at Monroe 28112 (10% sold over asking) or Monroe 28110 (13% sold over asking).
Run the numbers for 28104
Nearby markets
Indian Trail 28079Seller’s market $193 /sq ftMarshville 28103Balanced $237 /sq ftMonroe 28110Seller’s market $205 /sq ftMonroe 28112Balanced $200 /sq ft Browse all markets →Towns like Matthews nearby
Find towns like Matthews in other states →Where Matthews is
Loading map…
Questions about Matthews real estate
Is Matthews a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Matthews, NC 28104 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 Matthews?
The typical home went under contract in 47 days in the latest three months.
Do homes in Matthews sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Matthews?
About 0.57% of a home’s value a year in Union County, or roughly $2,280 on a $400,000 home.
What is the median home price in Matthews?
The median sale price was $699,697 in the three months ending August 31, 2026, about $253 per square foot.
Local agents
See all agents in 28104 →No sponsored agents in 28104 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 28104
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology