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Is Ennice, NC 28623 a buyer’s or seller’s market?

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

Ennice is a buyer’s market. With about 8 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list81.2%Sold price ÷ list price
Median days on market67Listing to accepted offer
Median price per sq ft$129▼ −29.3% vs. last year

The Ennice housing market right now

In the three months ending August 31, 2026, 0% of homes in Ennice, NC 28623 sold above their list price, the typical home went under contract in 67 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 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 (128 days then) and the median sale price fell 36% to $139,939. Overall, Ennice is more competitive than a year ago, so tougher for buyers.

Within Alleghany County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Sparta 28675 (4% sold over asking) is even more competitive.

Run the numbers for 28623

Prefilled for 28623Can I win this house?Multiple-offer likelihood for a listing Prefilled for 28623Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Glade Valley 28627Buyer’s market $212 /sq ftLaurel Springs 28644Buyer’s market $135 /sq ftPiney Creek 28663Balanced $210 /sq ftSparta 28675Buyer’s market $218 /sq ft Browse all markets →

Towns like Ennice nearby

Find towns like Ennice in other states →
Hiwassee, VA24347 · 35 miles away91% similaryounger residents Max Meadows, VA24360 · 26 miles away86% similarpricier homes ($40K more) · larger Moravian Falls, NC28654 · 33 miles away86% similarpricier homes ($58K more) · larger Troutdale, VA24378 · 37 miles away84% similarcheaper homes ($60K less) · smaller

Where Ennice is

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Questions about Ennice real estate

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

A buyer’s market: there were 8 months of supply in Ennice, NC 28623 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 Ennice?

The typical home went under contract in 67 days in the latest three months.

Do homes in Ennice sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 81.2% of the list price.

What are property taxes in Ennice?

About 0.57% of a home’s value a year in Alleghany County, or roughly $2,280 on a $400,000 home.

What is the median home price in Ennice?

The median sale price was $139,939 in the three months ending August 31, 2026, about $129 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