Is Laurel Springs, NC 28644 a buyer’s or seller’s market?

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

Laurel Springs is a buyer’s market. With about 13.9 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply13.9Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market97Listing to accepted offer
Median price per sq ft$135▼ −41.7% vs. last year

The Laurel Springs housing market right now

In the three months ending August 31, 2026, 0% of homes in Laurel Springs, NC 28644 sold above their list price, the typical home went under contract in 97 days and there were 13.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 fell from 13%, homes sold more slowly (43 days then) and the median sale price fell 19% to $244,894. Overall, Laurel Springs is less competitive than a year ago, which gives buyers more room.

Within Alleghany County, homes here sell more slowly, 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.

Nearby markets

Ennice 28623Buyer’s market $129 /sq ftGlade Valley 28627Buyer’s market $212 /sq ftPiney Creek 28663Balanced $210 /sq ftSparta 28675Buyer’s market $218 /sq ft Browse all markets →

Where Laurel Springs is

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Questions about Laurel Springs real estate

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

A buyer’s market: there were 13.9 months of supply in Laurel Springs, NC 28644 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 Laurel Springs?

The typical home went under contract in 97 days in the latest three months.

Do homes in Laurel Springs sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Laurel Springs?

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 Laurel Springs?

The median sale price was $244,894 in the three months ending August 31, 2026, about $135 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