Is Connelly Springs, NC 28612 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Connelly Springs is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score44/ 100

More competitive than 45% of U.S. ZIP codes, and #93 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

Months of supply4.9Under 4 months = seller’s market
Sold above original list31%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$185▲ +2.9% vs. last year

The Connelly Springs housing market right now

In the three months ending August 31, 2026, 31% of homes in Connelly Springs, NC 28612 sold above their list price, the typical home went under contract in 41 days and there were 4.9 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 30 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 19%, homes sold faster (59 days then) and the median sale price held steady to $274,881. Overall, Connelly Springs is more competitive than a year ago, so tougher for buyers.

On our competition score, Connelly Springs ranks #93 of 424 NC ZIP codes with enough sales (score 44 out of 100).

Nearby, buyers who want less competition could look at Hildebran 28637 (0% sold over asking) or Valdese 28690 (9% sold over asking).

Nearby markets

Drexel 28619 — /sq ftHildebran 28637Seller’s market $185 /sq ftMorganton 28655Balanced $188 /sq ftValdese 28690Balanced $219 /sq ft Browse all markets →

Where Connelly Springs is

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Questions about Connelly Springs real estate

Is Connelly Springs a buyer’s or seller’s market?

A balanced market: there were 4.9 months of supply in Connelly Springs, NC 28612 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 Connelly Springs?

The typical home went under contract in 41 days in the latest three months.

Do homes in Connelly Springs sell over asking?

31% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.

What are property taxes in Connelly Springs?

About 0.68% of a home’s value a year in Burke County, or roughly $2,720 on a $400,000 home.

What is the median home price in Connelly Springs?

The median sale price was $274,881 in the three months ending August 31, 2026, about $185 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