Is Moravian Falls, NC 28654 a buyer’s or seller’s market?
Moravian Falls is a buyer’s market. With about 8.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Moravian Falls housing market right now
In the three months ending August 31, 2026, 0% of homes in Moravian Falls, NC 28654 sold above their list price, the typical home went under contract in 53 days and there were 8.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 (121 days then) and the median sale price fell 33% to $249,892. Overall, Moravian Falls is more competitive than a year ago, so tougher for buyers.
Within Wilkes County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Hays 28635 (33% sold over asking) and Millers Creek 28651 (23% sold over asking) are even more competitive.
Run the numbers for 28654
Nearby markets
Boomer 28606Balanced $195 /sq ftFerguson 28624Buyer’s market $258 /sq ftHays 28635Buyer’s market $195 /sq ftMc Grady 28649Seller’s market $245 /sq ft Browse all markets →Towns like Moravian Falls nearby
Find towns like Moravian Falls in other states →Where Moravian Falls is
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Questions about Moravian Falls real estate
Is Moravian Falls a buyer’s or seller’s market?
A buyer’s market: there were 8.3 months of supply in Moravian Falls, NC 28654 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 Moravian Falls?
The typical home went under contract in 53 days in the latest three months.
Do homes in Moravian Falls sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.4% of the list price.
What are property taxes in Moravian Falls?
About 0.59% of a home’s value a year in Wilkes County, or roughly $2,360 on a $400,000 home.
What is the median home price in Moravian Falls?
The median sale price was $249,892 in the three months ending August 31, 2026, about $182 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