Is Hoffman, NC 28347 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Hoffman housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Richmond County, NC

Population	2,212
Median income	$39,110
Average income	$50,368
Median home value	$91,300
Median rent	$761/month
Owner-occupied	80% of homes
Median year built	1993

Natural hazard riskHurricanes (relatively high), tornadoes (relatively high), wildfire (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 28347; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 28347

Prefilled for 28347Can I win this house?Multiple-offer likelihood for a listing Prefilled for 28347Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Cordova 28330Buyer’s market $68 /sq ft Ellerbe 28338Balanced $152 /sq ft Hamlet 28345Seller’s market $114 /sq ft Norman 28367 $118 /sq ft Browse all markets →

Towns like Hoffman nearby

Find towns like Hoffman in other states →

Shannon, NC28386 · 23 miles away84% similarlarger Laurel Hill, NC28351 · 14 miles away81% similarlarger · older residents Rowland, NC28383 · 35 miles away74% similarlarger · older residents Biscoe, NC27209 · 26 miles away71% similarpricier homes ($38K more) · larger

Where Hoffman is

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Questions about Hoffman real estate

What are property taxes in Hoffman?

About 0.89% of a home’s value a year in Richmond County, or roughly $3,560 on a $400,000 home.

Local agents

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Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Richmond County property taxes Richmond County loan limits Closing costs in North Carolina Hottest ZIP codes in North Carolina

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology