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Sarah Mitchell

CNESRESABR

Compass Real Estate · Avon, NC

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

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

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Avon, NC Housing Market

Buyer's market-4.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Avon, NC is worth $545,581, fell 4.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $477,500, -20.6% year over year (through May 2026). With 15.0 months of supply and homes going under contract in about 58 days, Avon is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $545,581 home is about $2,913/mo in principal and interest.

Key numbers for Avon, NC

Typical home value

$545,581

-4.5% in 12 months

Zillow, August 2026

Median sale price

$477,500

-20.6% year over year

Redfin, through May 2026

Days on market

58

Average pace

Redfin, through May 2026

Active listings

60

15.0 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Sale-to-list ratio

96.3%

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 Avon a buyer's or seller's market?

Buyer's market15.0 months of supply58 days on market96.3% of asking

Avon, NC is a buyer's market, based on 15.0 months of supply and homes selling in about 58 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Avon housing market data show?

Every row below is Redfin's final published month for Avon, NC. Redfin, through May 2026

Housing market statistics for Avon, NC, Redfin through May 2026
MetricValue
Median sale price$477,500
Median list price$472,500
Year-over-year price change-20.6%
Median price per sq ft$394/sq ft
Median days on market58 days
Active inventory60 listings
Months of supply15.0 months
Sale-to-list price ratio96.3%
Homes sold (that month)4
New listings (that month)16
Listings with a price cut23.3%
Market conditionBuyer's market

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 Avon is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Avon 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 Avon home prices moved?

Over the last three years the median sale price in Avon, NC fell 28.7%, from $669,250 to $477,500. The live Zillow value series has fell 4.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 23.3% of Avon listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 15.0 months while the sale-to-list ratio slips below its current 96.3%. 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 Avon?

Priced off the typical home value of $545,581 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.

Monthly principal and interest by down payment in Avon, NC
Down paymentCash at closeLoan amountMonthly P&I
20%$109,116$436,465$2,913/mo
5%$27,279$518,302$3,459/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 $2,913, that implies roughly $124,826 a year before you add taxes and insurance. We do not hold a Census income figure for Avon, so we cannot compare that threshold to local earnings.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Avon in the next 12 months?

Tell us your timeline. We send the Avon market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Avon?

Zillow does not publish a rent index (ZORI) for Avon, NC, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Avon?

Active listings in Avon, NC went from 47 in May 2025 to 60 in May 2026, a +27.7% 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.

Active listings by month in Avon, NC
MonthActive listingsNew listings
June 2025439
July 2025458
August 2025402
September 2025365
October 2025312
November 20253411
December 2025252
January 2026277
February 20263613
March 20264919
April 20265515
May 20266016

Redfin, through May 2026

How does Avon compare to North Carolina and the U.S.?

Avon homes sell for $477,500 — 20% above the North Carolina median of $397,600. Against the national median of $410,700, Avon runs 16% higher. Year-over-year, Avon moved -20.6% against North Carolina's +2.1% — a bigger swing than the state as a whole.

Avon, NC compared with North Carolina and the United States
MarketMedian sale priceYoYDays on market
Avon, NC$477,500-20.6%58 days
North Carolina statewide$397,600+2.1%52 days
United States$410,700not publishednot 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 Avon

What buyers should watch

  • Months of supply, currently 15.0. 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 23.3%. 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 $546 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 $545,581 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 Avon listing goes under contract in 58 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 96.3% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Avon added 16 new listings against 4 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved -4.5% 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 Avon varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Avon

There are currently 60 homes listed for sale in Avon, North Carolina. The median listing price is $473K.

Active listings

60

Homes on market

Median list price

$473K

Avg. days on market

58

Days until sale

New this week

16

Newly listed

Price drops:23.3%of listings
Sale-to-list:96.3%

How much do homes cost in Avon by property type?

How the Avon, NC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Avon, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$477,500$394/sq ft458 days
Condo / co-op$536,000$497/sq ft132 days

Who lives in Avon?

American Community Survey estimates for Avon. U.S. Census ACS, 2023

Population

364

Households

266

Median age

55 years

Owner-occupied

89.8%

Median home value

$292,400

89.8% of occupied homes in Avon 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 $292,400 against Zillow's $545,581 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which cities are near Avon, NC?

Ordered by distance from Avon, not by size. Compare Avon side by side with any of them.

Avon housing market FAQ

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

Avon, NC is currently a buyer's market. That read comes from 15.0 months of supply, homes going under contract in about 58 days, and sellers getting 96.3% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Avon?

The typical home in Avon, NC is worth $545,581 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $477,500, about $394 per square foot.

Is Avon cheaper than the rest of North Carolina?

Avon's median sale price of $477,500 is 20% higher than the North Carolina statewide median of $397,600, and 16% above the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Avon?

Homes in Avon, NC spent a median of 58 days on market before going under contract, versus 52 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Avon?

At the current 30-year fixed rate of 7.03%, 20% down on a $545,581 home is about $2,913 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $124,826 a year before taxes, insurance, HOA dues or mortgage insurance.

Are home prices rising in Avon?

The typical home value in Avon, NC fell 4.5% over the last 12 months, from $571,107 to $545,581 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Avon?

Avon 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 Avon?

That depends on your timeline, not on a headline. What the data says today: Avon, NC is a buyer's market with 15.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $545,581, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.