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ELLERBE, NC 28338

Real Estate Market Report  ·  Richmond County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 50% vs 8 last year
Pending
1
25% pending ratio
Median Price
$299,900
⇧ 73.9% vs $172,499 last year
Average Price
$281,300
⇧ 10.2% vs $255,306 last year
Days on Market
99
⇧ 73.7% vs 57 days last year

Market Context

Population: 3,721  ·  Density: 9.8/mi²  ·  Median household income: $56,854

Typical home value: $137,815  ·  Homeownership: 78.6%

Market Analysis

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

The ELLERBE, NC real estate market (28338) currently shows 4 active listings, with 1 pending sales. Homes are averaging 99 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 99 days on market compared to 57 days last year.

The median listing price has risen 73.9% year-over-year, from $172,499 to $299,900.

Whether you are buying or selling in ELLERBE, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 8 last year
  • Days on market: 99 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $299,900 (+73.9% YoY)
  • Average: $281,300 (+10.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.2 miles — 160 listings ($48,381,512 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28338Ellerbe, NC 283380.0 mi4$1,125,200$299,900$281,300
27229Candor, NC 2722910.8 mi5$1,288,300$240,000$257,660
28091Lilesville, NC 2809112.6 mi5$1,099,875$177,450$219,975
28373Pinebluff, NC 2837315.3 mi11$3,943,665$342,900$358,515
28345Hamlet, NC 2834516.0 mi28$6,697,460$214,900$239,195
27209Biscoe, NC 2720917.0 mi7$2,179,625$239,000$311,375
27242Eagle Springs, NC 2724217.9 mi2$410,000$205,000$205,000
28170Wadesboro, NC 2817020.4 mi50$12,634,250$234,500$252,685
28007Ansonville, NC 2800721.3 mi1$150,000$150,000$150,000
28396Wagram, NC 2839622.4 mi25$9,406,425$395,000$376,257
27356Star, NC 2735623.9 mi4$1,389,600$229,000$347,400
29596Wallace, SC 2959624.8 mi2$709,800$354,900$354,900
27371Troy, NC 2737125.2 mi16$7,347,312$283,500$459,207

Frequently Asked Questions

How many homes are for sale in ELLERBE, NC 28338?

As of January 2026, there are 4 active listings in ELLERBE, NC (zip code 28338), compared to 8 the prior year.

What is the median home price in ELLERBE, NC 28338?

The median listing price in ELLERBE, NC 28338 is $299,900 as of January 2026, a 73.9% increase from $172,499 the prior year.

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

Homes in ELLERBE, NC 28338 spend an average of 99 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in ELLERBE, NC 28338?

Based on current inventory and days-on-market data as of January 2026, ELLERBE, NC 28338 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 99 days on market compared to 57 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELLERBE, NC 28338 save an estimated $5,998 compared to a typical 5% commission on the median listing price of $299,900. 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.