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Featured local agent — Walnut Cove, NC
Sarah Mitchell
Compass Real Estate · Walnut Cove, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Walnut Cove, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$237,000median sale price
How is the Walnut Cove, NC housing market right now?
The median home sale price in Walnut Cove, NC is $237,000, up 8.3% year-over-year. Homes sell in an average of 195 days with 11 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 Walnut Cove a buyer's or seller's market?
Walnut Cove, NC is currently a buyer's market, based on 5.5 months of supply and homes selling in about 195 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
195
Average pace
Active listings
11
5.5 months supply
Sale-to-list
91.2%
Below asking
What does the Walnut Cove housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $237,000 |
| Median list price | $274,900 |
| Year-over-year price change | +8.3% |
| Average days on market | 195 days |
| Active inventory | 11 listings |
| Months of supply | 5.5 months |
| Sale-to-list price ratio | 91.2% |
| Median price per sq ft | $120/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 4 |
| Listings with a price cut | 9.1% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Walnut Cove by property type?
How the Walnut Cove, 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 | $237,000 | $120/sq ft | 2 | 195 days |
| Townhouse | $203,499 | $142/sq ft | 2 | 143 days |
Source: Redfin · Updated monthly
The Walnut Cove housing market is currently classified as a buyer's market with a median sale price of $237,000. Prices have risen 8.3% compared to last year, with homes spending an average of 195 days on market, indicating 5.5 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 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Walnut Cove
There are currently 11 homes listed for sale in Walnut Cove, North Carolina. The median listing price is $275K.
Active listings
11
Homes on market
Median list price
$275K
Avg. days on market
195
Days until sale
New this week
4
Newly listed
Who lives in Walnut Cove?
Population
2,046
Median income
$44,700/yr
Median age
40.2 years
Owner-occupied
52.2%
College grads
17.3%
Avg commute
26 min
Source: U.S. Census Bureau ACS
What are homes worth in Walnut Cove?
Zillow home value
$249,313
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Walnut Cove?
Walnut Cove is a community of approximately 2K residents with a median age of 40.2 years.The median household income is $44,700, which represents a working-class community with solid middle-income opportunities. 17.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 52.2%, showing a blend of owner and renter-occupied properties. The average commute time is 26 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Walnut Cove offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Walnut Cove?
5 schools tracked · 1,552 students
The largest public schools serving Walnut Cove, 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.
South Stokes High School
Grades 9-12 · 545 students
Southeastern Stokes Middle School
Grades 6-8 · 407 students
Walnut Cove Elementary School
Grades PK-5 · 270 students
London Elementary School
Grades K-5 · 188 students
Stokes Early College High School
Grade range n/a · 142 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 Walnut Cove, NC?
Want a head-to-head view? Compare Walnut Cove side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Walnut Cove?
The median home sale price in Walnut Cove is $237,000, up 8.3% from last year.
How long do homes stay on market in Walnut Cove?
Homes typically spend 195 days on market before going under contract.
What is the median income in Walnut Cove?
The median household income is $44,700 per year.
Is Walnut Cove a buyer's or seller's market?
With 5.5 months of supply, Walnut Cove is currently a buyer's market.
What is the Zillow home value estimate for Walnut Cove?
The Zillow Home Value Index (ZHVI) for Walnut Cove is $249,313, representing the typical home value in the area.
How much does a single-family home cost in Walnut Cove?
The median single-family home price in Walnut Cove, NC is $237,000 (about $120 per square foot).
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