Is Cerro Gordo, NC 28430 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Cerro Gordo 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 list0%Share of sales, last 3 months
Median sale-to-list93.3%Sold price ÷ list price
Median days on market146Listing to accepted offer
Median price per sq ft$126▼ −25.2% vs. last year

The Cerro Gordo housing market right now

In the three months ending August 31, 2026, 0% of homes in Cerro Gordo, NC 28430 sold above their list price and the typical home went under contract in 146 days. With only 3 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 more slowly (40 days then) and the median sale price fell 7% to $213,907. Overall, Cerro Gordo is less competitive than a year ago, which gives buyers more room.

Within Columbus County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Nakina 28455 (33% sold over asking) and Lake Waccamaw 28450 (13% sold over asking) are even more competitive.

Nearby markets

Bolton 28423Balanced $152 /sq ftBrunswick 28424 — /sq ftChadbourn 28431Buyer’s market $46 /sq ftClarendon 28432Buyer’s market $211 /sq ft Browse all markets →

Where Cerro Gordo is

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Questions about Cerro Gordo real estate

How fast do homes sell in Cerro Gordo?

The typical home went under contract in 146 days in the latest three months.

Do homes in Cerro Gordo sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.

What are property taxes in Cerro Gordo?

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

What is the median home price in Cerro Gordo?

The median sale price was $213,907 in the three months ending August 31, 2026, about $126 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