Is Valdese, NC 28690 a buyer’s or seller’s market?
Valdese is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 13% of U.S. ZIP codes, and #332 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
The Valdese housing market right now
In the three months ending August 31, 2026, 9% of homes in Valdese, NC 28690 sold above their list price, the typical home went under contract in 52 days and there were 5.4 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 23 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold faster (80 days then) and the median sale price rose 4% to $270,133. Overall, Valdese is more competitive than a year ago, so tougher for buyers.
On our competition score, Valdese ranks #332 of 424 NC ZIP codes with enough sales (score 19 out of 100).
Nearby, buyers who want less competition could look at Hildebran 28637 (0% sold over asking), while Connelly Springs 28612 (31% sold over asking) and Morganton 28655 (17% sold over asking) are even more competitive.
Run the numbers for 28690
Nearby markets
Connelly Springs 28612Balanced $185 /sq ftDrexel 28619 — /sq ftHildebran 28637Seller’s market $185 /sq ftMorganton 28655Balanced $188 /sq ft Browse all markets →Towns like Valdese nearby
Find towns like Valdese in other states →Where Valdese is
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Questions about Valdese real estate
Is Valdese a buyer’s or seller’s market?
A balanced market: there were 5.4 months of supply in Valdese, NC 28690 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 Valdese?
The typical home went under contract in 52 days in the latest three months.
Do homes in Valdese sell over asking?
9% of homes sold above their original list price, and the typical sale closed at 96.2% of the list price.
What are property taxes in Valdese?
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 Valdese?
The median sale price was $270,133 in the three months ending August 31, 2026, about $219 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