Is Horse Shoe, NC 28742 a buyer’s or seller’s market?
Horse Shoe is a buyer’s market. With about 20.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Horse Shoe housing market right now
In the three months ending August 31, 2026, 25% of homes in Horse Shoe, NC 28742 sold above their list price, the typical home went under contract in 158 days and there were 20.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold more slowly (44 days then) and the median sale price fell 20% to $424,816. Overall, Horse Shoe is less competitive than a year ago, which gives buyers more room.
Within Henderson County, homes here sell more slowly, and more often over asking, than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Zirconia 28790 (0% sold over asking) or Gerton 28735 (0% sold over asking).
Run the numbers for 28742
Nearby markets
Bat Cave 28710 $475 /sq ftEast Flat Rock 28726Buyer’s market $237 /sq ftEtowah 28729Balanced $244 /sq ftFlat Rock 28731Balanced $253 /sq ft Browse all markets →Towns like Horse Shoe nearby
Find towns like Horse Shoe in other states →Where Horse Shoe is
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Questions about Horse Shoe real estate
Is Horse Shoe a buyer’s or seller’s market?
A buyer’s market: there were 20.8 months of supply in Horse Shoe, NC 28742 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 Horse Shoe?
The typical home went under contract in 158 days in the latest three months.
Do homes in Horse Shoe sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Horse Shoe?
About 0.52% of a home’s value a year in Henderson County, or roughly $2,080 on a $400,000 home.
What is the median home price in Horse Shoe?
The median sale price was $424,816 in the three months ending August 31, 2026, about $237 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