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Featured local agent — Erwin, NC
Sarah Mitchell
Compass Real Estate · Erwin, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Erwin, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$189,500median sale price
How is the Erwin, NC housing market right now?
The median home sale price in Erwin, NC is $189,500, down 19.5% year-over-year. Homes sell in an average of 48 days with 29 active listings. The market is currently a balanced 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 Erwin a buyer's or seller's market?
Erwin, NC is currently a balanced market, based on 3.2 months of supply and homes selling in about 48 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
48
Average pace
Active listings
29
3.2 months supply
Sale-to-list
96.7%
Below asking
What does the Erwin housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $189,500 |
| Median list price | $275,900 |
| Year-over-year price change | -19.5% |
| Average days on market | 48 days |
| Active inventory | 29 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 96.7% |
| Median price per sq ft | $132/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 9 |
| Listings with a price cut | 27.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Erwin by property type?
How the Erwin, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $189,500 | $132/sq ft | 9 | 48 days |
| Townhouse | $255,000 | $177/sq ft | 1 | 6 days |
Source: Redfin · Updated monthly
The Erwin housing market is currently classified as a balanced market with a median sale price of $189,500. Prices have fallen 19.5% compared to last year, with homes spending an average of 48 days on market, indicating 3.2 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Erwin
There are currently 29 homes listed for sale in Erwin, North Carolina. The median listing price is $276K.
Active listings
29
Homes on market
Median list price
$276K
Avg. days on market
48
Days until sale
New this week
9
Newly listed
Who lives in Erwin?
Population
4,617
Median income
$50,077/yr
Median age
46 years
Owner-occupied
71.2%
College grads
16.0%
Avg commute
31.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Erwin?
Zillow home value
$207,730
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Erwin?
Erwin is a community of approximately 5K residents with a median age of 46 years.The median household income is $50,077, which represents a working-class community with solid middle-income opportunities. 16.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Erwin offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Erwin?
2 schools tracked · 1,896 students
The largest public schools serving Erwin, 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.
Triton High
Grades 9-12 · 1,306 students
Erwin Elementary
Grades PK-5 · 590 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 Erwin, NC?
Want a head-to-head view? Compare Erwin side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Erwin?
The median home sale price in Erwin is $189,500, down 19.5% from last year.
How long do homes stay on market in Erwin?
Homes typically spend 48 days on market before going under contract.
What is the median income in Erwin?
The median household income is $50,077 per year.
Is Erwin a buyer's or seller's market?
With 3.2 months of supply, Erwin is currently a balanced market.
What is the Zillow home value estimate for Erwin?
The Zillow Home Value Index (ZHVI) for Erwin is $207,730, representing the typical home value in the area.
How much does a single-family home cost in Erwin?
The median single-family home price in Erwin, NC is $189,500 (about $132 per square foot).
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