Is Orrum, NC 28369 a buyer’s or seller’s market?

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

Orrum is a seller’s market. With about 1.6 months of supply and 0% 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.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list86.9%Sold price ÷ list price
Median days on market111Listing to accepted offer
Median price per sq ft$77▼ −39.9% vs. last year

The Orrum housing market right now

In the three months ending August 31, 2026, 0% of homes in Orrum, NC 28369 sold above their list price, the typical home went under contract in 111 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold more slowly (21 days then) and the median sale price fell 16% to $137,940. Overall, Orrum is less competitive than a year ago, which gives buyers more room.

Within Robeson County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Shannon 28386 (33% sold over asking) and Pembroke 28372 (20% sold over asking) are even more competitive.

Nearby markets

Fairmont 28340 $75 /sq ftLumber Bridge 28357Seller’s market $161 /sq ftLumberton 28358Balanced $121 /sq ftLumberton 28360Seller’s market $163 /sq ft Browse all markets →

Where Orrum is

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Questions about Orrum real estate

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

A seller’s market: there were 1.6 months of supply in Orrum, NC 28369 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 Orrum?

The typical home went under contract in 111 days in the latest three months.

Do homes in Orrum sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 86.9% of the list price.

What are property taxes in Orrum?

About 0.87% of a home’s value a year in Robeson County, or roughly $3,480 on a $400,000 home.

What is the median home price in Orrum?

The median sale price was $137,940 in the three months ending August 31, 2026, about $77 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