Is Hope Mills, NC 28348 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hope Mills is a seller’s market. With about 2.2 months of supply and 21% 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.

Competition score56/ 100

More competitive than 58% of U.S. ZIP codes, and #24 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

Months of supply2.2Under 4 months = seller’s market
Sold above original list20.8%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$158▲ +1.9% vs. last year

The Hope Mills housing market right now

In the three months ending August 31, 2026, 21% of homes in Hope Mills, NC 28348 sold above their list price, the typical home went under contract in 34 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 192 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold about as fast and the median sale price fell 7% to $277,880. Overall, Hope Mills is about as competitive as it was a year ago.

Within Cumberland County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Hope Mills ranks #24 of 424 NC ZIP codes with enough sales (score 56 out of 100).

Nearby, buyers who want less competition could look at Wade 28395 (7% sold over asking) or Fayetteville 28301 (8% sold over asking), while Fort Bragg 28307 (50% sold over asking) and Fayetteville 28305 (24% sold over asking) are even more competitive.

Nearby markets

Falcon 28342 — /sq ftFayetteville 28301Balanced $146 /sq ftFayetteville 28303Balanced $142 /sq ftFayetteville 28304Balanced $146 /sq ft Browse all markets →

Where Hope Mills is

Loading map…

Questions about Hope Mills real estate

Is Hope Mills a buyer’s or seller’s market?

A seller’s market: there were 2.2 months of supply in Hope Mills, NC 28348 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 Hope Mills?

The typical home went under contract in 34 days in the latest three months.

Do homes in Hope Mills sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 98.6% of the list price.

What are property taxes in Hope Mills?

About 0.93% of a home’s value a year in Cumberland County, or roughly $3,720 on a $400,000 home.

What is the median home price in Hope Mills?

The median sale price was $277,880 in the three months ending August 31, 2026, about $158 per square foot.

No sponsored agents in 28348 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 28348

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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