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Arrowhead Deer Run Green Pines Just-A-Mere Landing Walkers Landing

CEDAR GROVE, NC 27231

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

Neighborhoods in ZIP 27231

Arrowhead · Deer Run · Green Pines · Just-A-Mere Landing · Walkers Landing

Market Analysis

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

The CEDAR GROVE, NC real estate market (27231) currently shows 12 active listings, with 1 pending sales. Homes are averaging 71 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 71 days on market compared to 67 days last year.

The median listing price has risen 34.9% year-over-year, from $528,250 to $712,499.

Whether you are buying or selling in CEDAR GROVE, 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: 2,221  ·  Density: 24.5/mi²  ·  Median household income: $70,625

Typical home value: $232,298  ·  Homeownership: 80.2%

Market Overview

Active Listings
12
⇩ 7.7% vs 13 last year
Pending
1
8% pending ratio
Median Price
$712,499
⇧ 34.9% vs $528,250 last year
Average Price
$754,346
⇧ 19.5% vs $631,002 last year
Days on Market
71
⇧ 6% vs 67 days last year

Price Per Square Foot

Median $/sqft
$264
⇧ 2.3% vs $258/sqft last year
Median Home Size
2,430 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: 12 this year vs 13 last year
  • Days on market: 71 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $712,499 (+34.9% YoY)
  • Average: $754,346 (+19.5% 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 21.1 miles — 702 listings ($388,443,020 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27231Cedar Grove, NC 272310.0 mi10$7,019,170$648,500$701,917
27302Mebane, NC 273026.9 mi192$85,732,032$405,000$446,521
27278Hillsborough, NC 272789.4 mi101$69,571,830$501,080$688,830
27258Haw River, NC 2725814.6 mi33$12,471,492$354,500$377,924
27379Yanceyville, NC 2737915.3 mi11$3,822,280$269,575$347,480
27572Rougemont, NC 2757216.6 mi16$9,753,360$498,200$609,585
27503Bahama, NC 2750316.8 mi7$4,799,060$699,900$685,580
27244Elon, NC 2724417.6 mi43$17,351,102$375,000$403,514
27212Blanch, NC 2721218.8 mi3$1,749,999$650,000$583,333
27340Saxapahaw, NC 2734019.5 mi3$1,835,250$611,750$611,750
27574Roxboro, NC 2757420.3 mi28$13,017,424$400,000$464,908
27701Durham, NC 2770120.9 mi118$73,869,770$460,500$626,015
27707Durham, NC 2770721.1 mi137$87,450,251$464,950$638,323

Frequently Asked Questions

How many homes are for sale in CEDAR GROVE, NC 27231?

As of June 2026, there are 12 active listings in CEDAR GROVE, NC (zip code 27231), compared to 13 the prior year.

What is the median home price in CEDAR GROVE, NC 27231?

The median listing price in CEDAR GROVE, NC 27231 is $712,499 as of June 2026, a 34.9% increase from $528,250 the prior year.

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

Homes in CEDAR GROVE, NC 27231 spend an average of 71 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in CEDAR GROVE, NC 27231?

Based on current inventory and days-on-market data as of June 2026, CEDAR GROVE, NC 27231 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 71 days on market compared to 67 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CEDAR GROVE, NC 27231 save an estimated $14,250 compared to a typical 5% commission on the median listing price of $712,499. 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.