Is Davis, NC 28524 a buyer’s or seller’s market?

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

Davis is a seller’s market. With about 3.2 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 supply3.2Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market89Listing to accepted offer
Median price per sq ft$148▼ −44.4% vs. last year

The Davis housing market right now

In the three months ending August 31, 2026, 0% of homes in Davis, NC 28524 sold above their list price, the typical home went under contract in 89 days and there were 3.2 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 was about the same (0% then), homes sold faster (125 days then) and the median sale price fell 26% to $236,648. Overall, Davis is more competitive than a year ago, so tougher for buyers.

Within Carteret County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Salter Path 28575 (20% sold over asking) and Morehead City 28557 (12% sold over asking) are even more competitive.

Nearby markets

Atlantic 28511Buyer’s market $253 /sq ftAtlantic Beach 28512Balanced $456 /sq ftBeaufort 28516Seller’s market $270 /sq ftCedar Island 28520Buyer’s market $316 /sq ft Browse all markets →

Where Davis is

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Questions about Davis real estate

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

A seller’s market: there were 3.2 months of supply in Davis, NC 28524 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 Davis?

The typical home went under contract in 89 days in the latest three months.

Do homes in Davis sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.

What are property taxes in Davis?

About 0.43% of a home’s value a year in Carteret County, or roughly $1,720 on a $400,000 home.

What is the median home price in Davis?

The median sale price was $236,648 in the three months ending August 31, 2026, about $148 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