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LOWGAP, NC 27024

Real Estate Market Report
Seller's Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LOWGAP, NC real estate market (27024) currently shows 7 active listings, with 2 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 54 days on market compared to 58 days last year.

The median listing price has risen 27.8% year-over-year, from $443,975 to $567,500.

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
7
⇩ 30% vs 10 last year
Pending
2
29% pending ratio
Median Price
$567,500
⇧ 27.8% vs $443,975 last year
Average Price
$928,840
⇧ 10.8% vs $838,036 last year
Days on Market
54
⇩ 6.9% vs 58 days last year

Price Per Square Foot

Median $/sqft
$208
⇩ 23.8% vs $273/sqft last year
Median Home Size
2,733 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 7 this year vs 10 last year
  • Days on market: 54 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $567,500 (+27.8% YoY)
  • Average: $928,840 (+10.8% 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 July 2026, there are 7 active listings in LOWGAP, NC (zip code 27024), compared to 10 the prior year.

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

The median listing price in LOWGAP, NC 27024 is $567,500 as of July 2026, a 27.8% increase from $443,975 the prior year.

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

Homes in LOWGAP, NC 27024 spend an average of 54 days on the market before going under contract, compared to 58 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 July 2026, LOWGAP, NC 27024 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 54 days on market compared to 58 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 $11,350 compared to a typical 5% commission on the median listing price of $567,500. 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.