$169,900
28616 Canton Rd
Albemarle, NC
3 bd2 ba1,080 sqft$157/ft²
House33,106 sqft lot
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Compass Real Estate · Albemarle, NC
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Albemarle, NC(512) 555-0184TX License #0512847
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Albemarle, NC Housing Market
Leaning buyer's+0.6% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Albemarle, NC is worth $263,567, rose 0.6% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $285,000, +8.4% year over year (through May 2026). With 4.5 months of supply and homes going under contract in about 78 days, Albemarle is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $263,567 home is about $1,407/mo in principal and interest.
Key numbers for Albemarle, NC
Typical home value
$263,567
+0.6% in 12 months
Zillow, August 2026
Typical asking rent
$1,264/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$285,000
+8.4% year over year
Redfin, through May 2026
Days on market
78
Slow-moving
Redfin, through May 2026
Active listings
141
4.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$52,825
Home costs 5.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.1%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Albemarle a buyer's or seller's market?
Leaning buyer's4.5 months of supply78 days on market97.1% of asking
Albemarle, NC is a leaning buyer's, based on 4.5 months of supply and homes selling in about 78 days. 4 to 5 months of supply is the neutral band: neither side holds a structural advantage, and outcomes turn on the individual property.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Albemarle housing market data show?
Every row below is Redfin's final published month for Albemarle, NC. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $285,000 |
| Median list price | $257,000 |
| Year-over-year price change | +8.4% |
| Median price per sq ft | $166/sq ft |
| Median days on market | 78 days |
| Active inventory | 141 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 97.1% |
| Homes sold (that month) | 31 |
| New listings (that month) | 48 |
| Listings with a price cut | 27.0% |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Albemarle is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Albemarle is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Albemarle home prices moved?
Over the last three years the median sale price in Albemarle, NC rose 21.1%, from $235,300 to $285,000. The live Zillow value series has rose 0.6% in the last 12 months, which is the more current read now that Redfin's series has stopped. 27.0% of Albemarle listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 4.5 months while the sale-to-list ratio slips below its current 97.1%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Albemarle?
Priced off the typical home value of $263,567 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $52,713 | $210,854 | $1,407/mo |
| 5% | $13,178 | $250,389 | $1,671/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,407, that implies roughly $60,303 a year before you add taxes and insurance. The median household in Albemarle earns $52,825, about $7,478 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.0x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Albemarle in the next 12 months?
Tell us your timeline. We send the Albemarle market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Albemarle?
Typical asking rent in Albemarle, NC is $1,264/mo, against a typical home value of $263,567. That is a price-to-rent ratio of 17.4x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,407 a month — $143 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Albemarle?
Active listings in Albemarle, NC went from 125 in May 2025 to 141 in May 2026, a +12.8% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 143 | 45 |
| July 2025 | 148 | 36 |
| August 2025 | 143 | 40 |
| September 2025 | 127 | 34 |
| October 2025 | 136 | 41 |
| November 2025 | 128 | 14 |
| December 2025 | 119 | 24 |
| January 2026 | 127 | 36 |
| February 2026 | 137 | 30 |
| March 2026 | 139 | 40 |
| April 2026 | 134 | 34 |
| May 2026 | 141 | 48 |
Redfin, through May 2026
How does Albemarle compare to North Carolina and the U.S.?
Albemarle homes sell for $285,000 — 28% below the North Carolina median of $397,600. Against the national median of $410,700, Albemarle runs 31% lower. Year-over-year, Albemarle moved +8.4% against North Carolina's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Albemarle, NC | $285,000 | +8.4% | 78 days |
| North Carolina statewide | $397,600 | +2.1% | 52 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Albemarle
What buyers should watch
- Months of supply, currently 4.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 27.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $264 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $263,567 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Albemarle listing goes under contract in 78 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Albemarle added 48 new listings against 31 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.6% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Albemarle varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Albemarle
There are currently 141 homes listed for sale in Albemarle, North Carolina. The median listing price is $257K. Featured listings range from $169,900 to $850,000.
$195,000
715 Wood St
Albemarle, NC
3 bd1 ba1,132 sqft$172/ft²
House14,375 sqft lot
View photos & details
$288,000
1317 Reid St
Albemarle, NC
3 bd3 ba1,642 sqft$175/ft²
House8,712 sqft lot
View photos & details
$295,000
309 Fairchild Way
Albemarle, NC
3 bd3 ba1,593 sqft$185/ft²
House3,485 sqft lot
View photos & details
$329,000
507 Meadowrock Dr
Albemarle, NC
3 bd2 ba2,245 sqft$147/ft²
House1.13 acres
View photos & details
$334,900
2401 Morgan Hills Dr # 310
Albemarle, NC
3 bd3 ba2,081 sqft$161/ft²
House
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$335,000
25948 Copper Creek Dr
Albemarle, NC
4 bd2 ba2,046 sqft$164/ft²
House2.00 acres
View photos & details
$351,500
507 N 5th St
Albemarle, NC
3 bd1 ba2,536 sqft$139/ft²
House10,890 sqft lot
View photos & details
$365,000
27636 Taylor Ln
Albemarle, NC
3 bd2 ba1,473 sqft$248/ft²
House30,492 sqft lot
View photos & details
$570,000
1200 Heritage Dr
Albemarle, NC
4 bd4 ba2,622 sqft$217/ft²
House1.72 acres
View photos & details
$615,000
1121 Smith St
Albemarle, NC
5 bd4 ba4,293 sqft$143/ft²
House37,026 sqft lot
View photos & details
$850,000
24422 Strand Dr
Albemarle, NC
2 bd2 ba2,831 sqft$300/ft²
House21,344 sqft lot
View photos & details
Looking to buy in Albemarle?
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Active listings
141
Homes on market
Median list price
$257K
Avg. days on market
78
Days until sale
New this week
48
Newly listed
Price drops:27.0%of listings
Sale-to-list:97.1%
How much do homes cost in Albemarle by property type?
How the Albemarle, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $285,000 | $166/sq ft | 31 | 78 days |
| Townhouse | $235,000 | $149/sq ft | 1 | 342 days |
Who lives in Albemarle?
American Community Survey estimates for Albemarle. U.S. Census ACS, 2023
Population
16,527
Households
6,722
Median income
$52,825/yr
Median age
39.8 years
Owner-occupied
57.7%
Median home value
$186,100
Median gross rent
$856/mo
Mean commute
26 min
57.7% of occupied homes in Albemarle are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $186,100 against Zillow's $263,567 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $856/mo, below Zillow's $1,264/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Albemarle?
10 schools tracked · 2,708 students
The largest public schools serving Albemarle, 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.
Central Elementary
Grades K-5 · 551 students
Albemarle High
Grades 9-12 · 444 students
Albemarle Middle
Grades 6-8 · 380 students
Endy Elementary
Grades K-5 · 349 students
East Albemarle Elementary
Grades K-5 · 292 students
Millingport Elementary
Grades K-5 · 203 students
Stanly Early College High
Grade range n/a · 194 students
Stanly STEM Early College
Grade range n/a · 185 students
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 Albemarle, NC?
Ordered by distance from Albemarle, not by size. Compare Albemarle side by side with any of them.
Albemarle housing market FAQ
Is Albemarle a buyer's or seller's market?
Albemarle, NC is currently a leaning buyer's. That read comes from 4.5 months of supply, homes going under contract in about 78 days, and sellers getting 97.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Albemarle?
The typical home in Albemarle, NC is worth $263,567 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $285,000, about $166 per square foot.
Is Albemarle cheaper than the rest of North Carolina?
Albemarle's median sale price of $285,000 is 28% lower than the North Carolina statewide median of $397,600, and 31% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Albemarle?
Homes in Albemarle, NC spent a median of 78 days on market before going under contract, versus 52 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Albemarle?
At the current 30-year fixed rate of 7.03%, 20% down on a $263,567 home is about $1,407 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $60,303 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $52,825.
Are home prices rising in Albemarle?
The typical home value in Albemarle, NC rose 0.6% over the last 12 months, from $261,880 to $263,567 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Albemarle?
Albemarle ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Albemarle?
That depends on your timeline, not on a headline. What the data says today: Albemarle, NC is a leaning buyer's with 4.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 17.4x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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