Is Thurmond, NC 28683 a buyer’s or seller’s market?

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

Thurmond is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.3Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.7%Sold price ÷ list price
Median days on market81Listing to accepted offer
Median price per sq ft$230▲ +0.3% vs. last year

The Thurmond housing market right now

In the three months ending August 31, 2026, 0% of homes in Thurmond, NC 28683 sold above their list price, the typical home went under contract in 81 days and there were 4.3 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. With only 9 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 33%, homes sold more slowly (63 days then) and the median sale price fell 30% to $349,849. Overall, Thurmond is less competitive than a year ago, which gives buyers more room.

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

Nearby, State Road 28676 (43% sold over asking) and Elkin 28621 (14% sold over asking) are even more competitive.

Nearby markets

Ararat 27007Buyer’s market $202 /sq ftDobson 27017Buyer’s market $153 /sq ftElkin 28621Seller’s market $171 /sq ftLowgap 27024Balanced $191 /sq ft Browse all markets →

Where Thurmond is

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Questions about Thurmond real estate

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

A balanced market: there were 4.3 months of supply in Thurmond, NC 28683 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 Thurmond?

The typical home went under contract in 81 days in the latest three months.

Do homes in Thurmond sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.

What are property taxes in Thurmond?

About 0.60% of a home’s value a year in Surry County, or roughly $2,400 on a $400,000 home.

What is the median home price in Thurmond?

The median sale price was $349,849 in the three months ending August 31, 2026, about $230 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