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FLAT ROCK, NC 28731

Real Estate Market Report  ·  Henderson County
Balanced Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The FLAT ROCK, NC real estate market (28731) currently shows 98 active listings, with 17 pending sales. Homes are averaging 102 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 102 days on market compared to 80 days last year.

The median listing price has fallen 0.4% year-over-year, from $599,425 to $597,000.

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Market Context

Market Context

Population: 8,506  ·  Density: 99.2/mi²  ·  Median household income: $68,276

Typical home value: $312,216  ·  Homeownership: 80.5%

Market Overview

Active Listings
98
⇩ 7.5% vs 106 last year
Pending
17
17% pending ratio
Median Price
$597,000
⇩ 0.4% vs $599,425 last year
Average Price
$724,212
⇩ 5.8% vs $768,544 last year
Days on Market
102
⇧ 27.5% vs 80 days last year

Price Per Square Foot

Median $/sqft
$265
⇩ 0.4% vs $266/sqft last year
Median Home Size
2,470 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 98 this year vs 106 last year
  • Days on market: 102 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $597,000 (-0.4% YoY)
  • Average: $724,212 (-5.8% 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 17.2 miles — 759 listings ($607,232,024 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28731Flat Rock, NC 287310.0 mi71$52,340,348$588,675$737,188
28773Saluda, NC 287734.5 mi38$23,927,536$624,750$629,672
28791Hendersonville, NC 287918.7 mi108$64,227,816$446,975$594,702
28739Hendersonville, NC 287399.3 mi187$123,483,954$549,950$660,342
28720Chimney Rock, NC 2872011.9 mi5$2,491,800$434,000$498,360
29356Landrum, SC 2935612.0 mi99$92,825,568$662,450$937,632
28729Etowah, NC 2872912.9 mi22$10,894,466$436,500$495,203
28782Tryon, NC 2878213.3 mi58$35,047,254$448,000$604,263
28766Penrose, NC 2876613.9 mi5$1,905,940$372,000$381,188
29688Tigerville, SC 2968815.7 mi1$1,000,000$1,000,000$1,000,000
28704Arden, NC 2870416.2 mi137$169,297,202$645,125$1,235,746
28718Cedar Mountain, NC 2871816.6 mi8$6,593,000$375,000$824,125
28742Horse Shoe, NC 2874217.2 mi20$23,197,140$1,345,000$1,159,857

Frequently Asked Questions

How many homes are for sale in FLAT ROCK, NC 28731?

As of September 2026, there are 98 active listings in FLAT ROCK, NC (zip code 28731), compared to 106 the prior year.

What is the median home price in FLAT ROCK, NC 28731?

The median listing price in FLAT ROCK, NC 28731 is $597,000 as of September 2026, a 0.4% decrease from $599,425 the prior year.

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

Homes in FLAT ROCK, NC 28731 spend an average of 102 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in FLAT ROCK, NC 28731?

Based on current inventory and days-on-market data as of September 2026, FLAT ROCK, NC 28731 is currently a Balanced Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 102 days on market compared to 80 days last year.

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

With SELL123.com's maximum 3% commission, sellers in FLAT ROCK, NC 28731 save an estimated $11,940 compared to a typical 5% commission on the median listing price of $597,000. 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.