Is Warsaw, NC 28398 a buyer’s or seller’s market?
Warsaw is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #286 of 431 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 July 31, 2026. See the breakdown
The Warsaw housing market right now
In the three months ending August 31, 2026, 14% of homes in Warsaw, NC 28398 sold above their list price, the typical home went under contract in 114 days and there were 4.3 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. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (45 days then) and the median sale price fell 2% to $179,922. Overall, Warsaw is less competitive than a year ago, which gives buyers more room.
Within Duplin County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell more often over asking than in 56%.
Nearby, buyers who want less competition could look at Rose Hill 28458 (0% sold over asking) or Magnolia 28453 (0% sold over asking), while Teachey 28464 (50% sold over asking) and Pink Hill 28572 (40% sold over asking) are even more competitive.
Run the numbers for 28398
Nearby markets
Albertson 28508 — /sq ftBeulaville 28518Balanced $170 /sq ftChinquapin 28521Seller’s market $181 /sq ftKenansville 28349Buyer’s market $156 /sq ft Browse all markets →Towns like Warsaw nearby
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Questions about Warsaw real estate
Is Warsaw a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Warsaw, NC 28398 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 Warsaw?
The typical home went under contract in 114 days in the latest three months.
Do homes in Warsaw sell over asking?
14% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.
What are property taxes in Warsaw?
About 0.69% of a home’s value a year in Duplin County, or roughly $2,760 on a $400,000 home.
What is the median home price in Warsaw?
The median sale price was $179,922 in the three months ending August 31, 2026, about $122 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