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Featured local agent — Flat Rock, NC
Sarah Mitchell
Compass Real Estate · Flat Rock, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Flat Rock, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.05Mmedian sale price
How is the Flat Rock, NC housing market right now?
The median home sale price in Flat Rock, NC is $1.05M, up 54.4% year-over-year. Homes sell in an average of 26 days with 69 active listings. The market is currently a buyer'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 Flat Rock a buyer's or seller's market?
Flat Rock, NC is currently a buyer's market, based on 9.9 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
26
Average pace
Active listings
69
9.9 months supply
Sale-to-list
98.4%
Below asking
What does the Flat Rock housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.05M |
| Median list price | $747,250 |
| Year-over-year price change | +54.4% |
| Average days on market | 26 days |
| Active inventory | 69 listings |
| Months of supply | 9.9 months |
| Sale-to-list price ratio | 98.4% |
| Median price per sq ft | $288/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 16 |
| Listings with a price cut | 26.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Flat Rock by property type?
How the Flat Rock, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Condo / Co-op | $413,500 | $234/sq ft | 2 | 68 days |
| Townhouse | $420,000 | $294/sq ft | 1 | 62 days |
Source: Redfin · Updated monthly
The Flat Rock housing market is currently classified as a buyer's market with a median sale price of $1.05M. Prices have risen 54.4% compared to last year, with homes spending an average of 26 days on market, indicating 9.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 8.8x provides context for how home values compare to local earning capacity.
Homes for sale in Flat Rock
There are currently 69 homes listed for sale in Flat Rock, North Carolina. The median listing price is $747K.
Active listings
69
Homes on market
Median list price
$747K
Avg. days on market
26
Days until sale
New this week
16
Newly listed
Who lives in Flat Rock?
Population
1,141
Median income
$52,188/yr
Median age
31.9 years
Owner-occupied
72.8%
College grads
16.6%
Avg commute
15.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Flat Rock?
Zillow home value
$460,998
Zillow rent index
$1,807/mo
Price-to-rent ratio
21.3x
Price-to-income
8.8x
Source: Zillow Research
What is it like to live in Flat Rock?
Flat Rock is a community of approximately 1K residents with a median age of 31.9 years.The median household income is $52,188, which represents a working-class community with solid middle-income opportunities. 16.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 15.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Flat Rock offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Flat Rock?
3 schools tracked · 755 students
The largest public schools serving Flat Rock, 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.
Upward Elementary
Grades PK-5 · 413 students
Henderson County Early College
Grade range n/a · 195 students
Henderson County Career Academy
Grades 6-12 · 147 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 Flat Rock, NC?
Want a head-to-head view? Compare Flat Rock side-by-side with any other U.S. city using our market-comparison tool.
Is Flat Rock a good real estate investment market?
For investors evaluating Flat Rock, the price-to-rent ratio of 21.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 54.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Flat Rock's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Flat Rock's median home price.
Frequently asked questions
What is the average home price in Flat Rock?
The median home sale price in Flat Rock is $1.05M, up 54.4% from last year.
How long do homes stay on market in Flat Rock?
Homes typically spend 26 days on market before going under contract.
What is the median income in Flat Rock?
The median household income is $52,188 per year.
Is Flat Rock a buyer's or seller's market?
With 9.9 months of supply, Flat Rock is currently a buyer's market.
What is the Zillow home value estimate for Flat Rock?
The Zillow Home Value Index (ZHVI) for Flat Rock is $460,998, representing the typical home value in the area.
What is the median condo price in Flat Rock?
The median condo/co-op sale price in Flat Rock, NC is $413,500, based on the latest Redfin data.
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