Is Vilas, NC 28692 a buyer’s or seller’s market?

The Vilas housing market right now

In the three months ending August 31, 2026, 6% of homes in Vilas, NC 28692 sold above their list price, the typical home went under contract in 68 days and there were 7.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (8% then), homes sold more slowly (44 days then) and the median sale price fell 7% to $489,788. Overall, Vilas is less competitive than a year ago, which gives buyers more room.

Within Watauga County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Vilas ranks #389 of 424 NC ZIP codes with enough sales (score 11 out of 100).

Nearby, buyers who want less competition could look at Zionville 28698 (0% sold over asking) or Deep Gap 28618 (0% sold over asking), while Sugar Grove 28679 (25% sold over asking) and Blowing Rock 28605 (11% sold over asking) are even more competitive.