Is La Grange, NC 28551 a buyer’s or seller’s market?
La Grange is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 19% of U.S. ZIP codes, and #289 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
The La Grange housing market right now
In the three months ending August 31, 2026, 7% of homes in La Grange, NC 28551 sold above their list price, the typical home went under contract in 206 days and there were 5.5 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 61 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (53 days then) and the median sale price rose 6% to $312,860. Overall, La Grange is less competitive than a year ago, which gives buyers more room.
On our competition score, La Grange ranks #289 of 424 NC ZIP codes with enough sales (score 24 out of 100).
Nearby, Deep Run 28525 (29% sold over asking) and Kinston 28501 (15% sold over asking) are even more competitive.
Run the numbers for 28551
Nearby markets
Deep Run 28525Seller’s market $175 /sq ftKinston 28501Balanced $82 /sq ftKinston 28504Balanced $124 /sq ft Browse all markets →Towns like La Grange nearby
Find towns like La Grange in other states →Where La Grange is
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Questions about La Grange real estate
Is La Grange a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in La Grange, NC 28551 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 La Grange?
The typical home went under contract in 206 days in the latest three months.
Do homes in La Grange sell over asking?
7% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.
What are property taxes in La Grange?
About 0.84% of a home’s value a year in Lenoir County, or roughly $3,360 on a $400,000 home.
What is the median home price in La Grange?
The median sale price was $312,860 in the three months ending August 31, 2026, about $157 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