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Sarah Mitchell

CNESRESABR

Compass Real Estate · Advance, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Advance, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Advance, NC Housing Market & Real Estate

Seller's market-43.2% YoY

Housing market overview · Updated monthly ·

$170,000median sale price

How is the Advance, NC housing market right now?

The median home sale price in Advance, NC is $170,000, down 43.2% year-over-year. Homes sell in an average of 257 days with 9 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Advance a buyer's or seller's market?

Seller's market1.8 months of supply257 avg. days on market

Advance, NC is currently a seller's market, based on 1.8 months of supply and homes selling in about 257 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

257

Average pace

Active listings

9

1.8 months supply

Sale-to-list

97.4%

Below asking

What does the Advance housing market data show?

Current housing market statistics for Advance, NC
MetricValue
Median sale price$170,000
Median list price$472,500
Year-over-year price change-43.2%
Average days on market257 days
Active inventory9 listings
Months of supply1.8 months
Sale-to-list price ratio97.4%
Median price per sq ft$120/sq ft
Homes sold (latest month)5
New listings (latest month)8
Listings with a price cut44.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Advance by property type?

How the Advance, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Advance, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Condo / Co-op$160,000$117/sq ft4259 days
Townhouse$292,500$136/sq ft135 days

Source: Redfin · Updated monthly

The Advance housing market is currently classified as a seller's market with a median sale price of $170,000. Prices have fallen 43.2% compared to last year, with homes spending an average of 257 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.

Homes for sale in Advance

There are currently 9 homes listed for sale in Advance, North Carolina. The median listing price is $473K. Featured listings range from $65,000 to $710,000.

land for sale at McKnight Rd Advance - $65,000
$65,000

McKnight Rd

Advance, NC

Land3.52 acres
View photos & details
3 bedroom mobile home for sale at 183 Casa Bella Dr Advance - $155,900
$155,900

183 Casa Bella Dr

Advance, NC

3 bd2 ba980 sqft$159/ft²
Mobile home14,810 sqft lot
View photos & details
3 bedroom mobile home for sale at 130 Sonora Dr Advance - $237,000
$237,000

130 Sonora Dr

Advance, NC

3 bd2 ba1,167 sqft$203/ft²
Mobile home14,810 sqft lot
View photos & details
3 bedroom house for sale at 131 Parsonage Dr Advance - $329,900
$329,900

131 Parsonage Dr

Advance, NC

3 bd2 ba1,572 sqft$210/ft²
House31,363 sqft lot
View photos & details
4 bedroom townhouse for sale at 134 Briarwood Ln Advance - $368,275
$368,275

134 Briarwood Ln

Advance, NC

4 bd3 ba2,439 sqft$151/ft²
Townhouse
View photos & details
4 bedroom townhouse for sale at 139 Briarwood Ln Advance - $375,000
$375,000

139 Briarwood Ln

Advance, NC

4 bd3 ba2,240 sqft$167/ft²
Townhouse
View photos & details
4 bedroom townhouse for sale at 140 Briarwood Ln Advance - $376,555
$376,555

140 Briarwood Ln

Advance, NC

4 bd3 ba2,240 sqft$168/ft²
Townhouse
View photos & details
4 bedroom townhouse for sale at 132 Briarwood Ln Advance - $376,555
$376,555

132 Briarwood Ln

Advance, NC

4 bd3 ba2,240 sqft$168/ft²
Townhouse
View photos & details
3 bedroom condo for sale at 137 Bermuda Run Dr N Advance - $436,500
$436,500

137 Bermuda Run Dr N

Advance, NC

3 bd2 ba1,888 sqft$231/ft²
Condo7,841 sqft lot
View photos & details
4 bedroom house for sale at 263 Redland Rd Advance - $589,783
$589,783

263 Redland Rd

Advance, NC

4 bd3 ba2,772 sqft$213/ft²
House
View photos & details
5 bedroom house for sale at 404 Bingham and Parks Rd Advance - $635,198
$635,198

404 Bingham and Parks Rd

Advance, NC

5 bd5 ba3,428 sqft$185/ft²
House
View photos & details
4 bedroom house for sale at 118 Old Dutch Rd Advance - $710,000
$710,000

118 Old Dutch Rd

Advance, NC

4 bd3 ba3,164 sqft$224/ft²
House30,056 sqft lot
View photos & details

Looking to buy in Advance?

Get connected with a local real estate expert — free, no obligation.

Active listings

9

Homes on market

Median list price

$473K

Avg. days on market

257

Days until sale

New this week

8

Newly listed

Price drops:44.4%of listings
Sale-to-list:97.4%

Who lives in Advance?

Population

1,544

Median income

$109,402/yr

Median age

39.2 years

Owner-occupied

81.8%

College grads

31.8%

Avg commute

34.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Advance?

Zillow home value

$415,146

Price-to-income

3.8x

Source: Zillow Research

What is it like to live in Advance?

Advance is a community of approximately 2K residents with a median age of 39.2 years.The median household income is $109,402, which reflects a relatively affluent area with strong earning potential. 31.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 81.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Advance offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Advance?

2 schools tracked · 969 students

The largest public schools serving Advance, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Shady Grove Elementary

Grades PK-5 · 500 students

Public

William Ellis Middle

Grades 6-8 · 469 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Advance, NC?

Want a head-to-head view? Compare Advance side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Advance?

The median home sale price in Advance is $170,000, down 43.2% from last year.

How long do homes stay on market in Advance?

Homes typically spend 257 days on market before going under contract.

What is the median income in Advance?

The median household income is $109,402 per year.

Is Advance a buyer's or seller's market?

With 1.8 months of supply, Advance is currently a seller's market.

How many homes are for sale in Advance?

There are currently 9 homes listed for sale in Advance, NC.

What is the Zillow home value estimate for Advance?

The Zillow Home Value Index (ZHVI) for Advance is $415,146, representing the typical home value in the area.

What is the median condo price in Advance?

The median condo/co-op sale price in Advance, NC is $160,000, based on the latest Redfin data.

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