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Featured local agent — Waves, NC
Sarah Mitchell
Compass Real Estate · Waves, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Waves, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$735,000median sale price
How is the Waves, NC housing market right now?
The median home sale price in Waves, NC is $735,000, down 15.5% year-over-year. Homes sell in an average of 424 days with 17 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 Waves a buyer's or seller's market?
Waves, NC is currently a buyer's market, based on 17.0 months of supply and homes selling in about 424 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
424
Average pace
Active listings
17
17.0 months supply
Sale-to-list
98.1%
Below asking
What does the Waves housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $735,000 |
| Median list price | $835,000 |
| Year-over-year price change | -15.5% |
| Average days on market | 424 days |
| Active inventory | 17 listings |
| Months of supply | 17.0 months |
| Sale-to-list price ratio | 98.1% |
| Median price per sq ft | $257/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 3 |
| Listings with a price cut | 17.6% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Waves by property type?
How the Waves, 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 | $735,000 | $257/sq ft | 1 | 424 days |
Source: Redfin · Updated monthly
The Waves housing market is currently classified as a buyer's market with a median sale price of $735,000. Prices have fallen 15.5% compared to last year, with homes spending an average of 424 days on market, indicating 17.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Waves
There are currently 17 homes listed for sale in Waves, North Carolina. The median listing price is $835K.
Active listings
17
Homes on market
Median list price
$835K
Avg. days on market
424
Days until sale
New this week
3
Newly listed
Who lives in Waves?
Population
147
Median age
63.4 years
Owner-occupied
100.0%
Source: U.S. Census Bureau ACS
What is it like to live in Waves?
Waves is a community of approximately 0K residents with a median age of 63.4 years.0
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment.Overall, Waves offers a distinctive character that appeals to different lifestyle preferences.
Which cities are near Waves, NC?
Want a head-to-head view? Compare Waves side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Waves?
The median home sale price in Waves is $735,000, down 15.5% from last year.
How long do homes stay on market in Waves?
Homes typically spend 424 days on market before going under contract.
Is Waves a buyer's or seller's market?
With 17.0 months of supply, Waves is currently a buyer's market.
How much does a single-family home cost in Waves?
The median single-family home price in Waves, NC is $735,000 (about $257 per square foot).
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