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LOWGAP, NC 27024

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LOWGAP, NC real estate market (27024) currently shows 3 active listings, with 1 pending sales. Homes are averaging 90 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 90 days on market compared to 75 days last year.

The median listing price has risen 252.1% year-over-year, from $399,000 to $1,404,725.

Whether you are buying or selling in LOWGAP, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,243  ·  Density: 19.9/mi²  ·  Median household income: $59,083

Typical home value: $196,703  ·  Homeownership: 88.2%

Market Overview

Active Listings
3
⇩ 57.1% vs 7 last year
Pending
1
33% pending ratio
Median Price
$1,404,725
⇧ 252.1% vs $399,000 last year
Average Price
$1,404,725
⇧ 17.8% vs $1,192,000 last year
Days on Market
90
⇧ 20% vs 75 days last year

Price Per Square Foot

Median $/sqft
$297
Median Home Size
3,718 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 7 last year
  • Days on market: 90 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $1,404,725 (+252.1% YoY)
  • Average: $1,404,725 (+17.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 168 listings ($70,952,215 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27024Lowgap, NC 270240.0 mi2$4,544,450$2,272,225$2,272,225
28623Ennice, NC 286237.3 mi8$2,732,952$274,000$341,619
28683Thurmond, NC 2868310.2 mi10$3,442,600$239,450$344,260
27017Dobson, NC 2701710.8 mi19$7,141,834$373,475$375,886
28668Roaring Gap, NC 2866811.6 mi9$6,584,139$579,000$731,571
24328Fancy Gap, VA 2432812.5 mi30$10,147,890$328,500$338,263
24381Woodlawn, VA 2438113.9 mi10$3,556,200$334,250$355,620
28675Sparta, NC 2867516.4 mi34$15,263,688$299,350$448,932
27007Ararat, NC 2700716.7 mi5$1,472,575$274,000$294,515
24053Ararat, VA 2405318.1 mi4$970,400$237,000$242,600
24348Independence, VA 2434820.1 mi14$4,926,852$283,075$351,918
27047Siloam, NC 2704720.7 mi2$589,800$294,900$294,900
27041Pilot Mountain, NC 2704121.2 mi21$9,578,835$346,000$456,135

Frequently Asked Questions

How many homes are for sale in LOWGAP, NC 27024?

As of March 2026, there are 3 active listings in LOWGAP, NC (zip code 27024), compared to 7 the prior year.

What is the median home price in LOWGAP, NC 27024?

The median listing price in LOWGAP, NC 27024 is $1,404,725 as of March 2026, a 252.1% increase from $399,000 the prior year.

How long do homes stay on the market in LOWGAP, NC?

Homes in LOWGAP, NC 27024 spend an average of 90 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in LOWGAP, NC 27024?

Based on current inventory and days-on-market data as of March 2026, LOWGAP, NC 27024 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 90 days on market compared to 75 days last year.

How much can I save on real estate commission in LOWGAP, NC?

With SELL123.com's maximum 3% commission, sellers in LOWGAP, NC 27024 save an estimated $28,095 compared to a typical 5% commission on the median listing price of $1,404,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.