Is Morven, NC 28119 a buyer’s or seller’s market?

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

Morven is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.2%Sold price ÷ list price
Median days on market105Listing to accepted offer
Median price per sq ft$69▼ −40.0% vs. last year

The Morven housing market right now

In the three months ending August 31, 2026, 0% of homes in Morven, NC 28119 sold above their list price, the typical home went under contract in 105 days and there were 5.1 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. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (114 days then) and the median sale price fell 31% to $119,948. Overall, Morven is more competitive than a year ago, so tougher for buyers.

Nearby, Peachland 28133 (14% sold over asking) and Wadesboro 28170 (4% sold over asking) are even more competitive.

Nearby markets

Ansonville 28007 — /sq ftLilesville 28091 — /sq ftPeachland 28133Balanced $153 /sq ftPolkton 28135Balanced $112 /sq ft Browse all markets →

Where Morven is

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Questions about Morven real estate

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

A balanced market: there were 5.1 months of supply in Morven, NC 28119 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 Morven?

The typical home went under contract in 105 days in the latest three months.

Do homes in Morven sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.

What are property taxes in Morven?

About 0.77% of a home’s value a year in Anson County, or roughly $3,080 on a $400,000 home.

What is the median home price in Morven?

The median sale price was $119,948 in the three months ending August 31, 2026, about $69 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