Is Burnsville, NC 28714 a buyer’s or seller’s market?
Burnsville is a buyer’s market. With about 9.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 0% of U.S. ZIP codes, and #421 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 Burnsville housing market right now
In the three months ending August 31, 2026, 2% of homes in Burnsville, NC 28714 sold above their list price, the typical home went under contract in 98 days and there were 9.7 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 65 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (67 days then) and the median sale price fell 10% to $348,849. Overall, Burnsville is less competitive than a year ago, which gives buyers more room.
On our competition score, Burnsville ranks #421 of 424 NC ZIP codes with enough sales (score 3 out of 100).
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Questions about Burnsville real estate
Is Burnsville a buyer’s or seller’s market?
A buyer’s market: there were 9.7 months of supply in Burnsville, NC 28714 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 Burnsville?
The typical home went under contract in 98 days in the latest three months.
Do homes in Burnsville sell over asking?
2% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Burnsville?
About 0.48% of a home’s value a year in Yancey County, or roughly $1,920 on a $400,000 home.
What is the median home price in Burnsville?
The median sale price was $348,849 in the three months ending August 31, 2026, about $216 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