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NEBO, NC 28761

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

Market Analysis

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

The NEBO, NC real estate market (28761) currently shows 83 active listings, with 12 pending sales. Homes are averaging 75 days on the market before going under contract.

Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.

Homes are selling faster, averaging 75 days on market compared to 100 days last year.

The median listing price has fallen 7.6% year-over-year, from $725,000 to $670,000.

Whether you are buying or selling in NEBO, 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: 7,595  ·  Density: 28.3/mi²  ·  Median household income: $51,750

Typical home value: $165,955  ·  Homeownership: 81.4%

Market Overview

Active Listings
83
⇧ 88.6% vs 44 last year
Pending
12
14% pending ratio
Median Price
$670,000
⇩ 7.6% vs $725,000 last year
Average Price
$809,361
⇩ 11.5% vs $914,872 last year
Days on Market
75
⇩ 25% vs 100 days last year

Price Per Square Foot

Median $/sqft
$289
⇩ 2.7% vs $297/sqft last year
Median Home Size
2,264 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 44 last year
  • Days on market: 75 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $670,000 (-7.6% YoY)
  • Average: $809,361 (-11.5% 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 26.3 miles — 703 listings ($386,528,894 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28761Nebo, NC 287610.0 mi67$50,370,265$634,250$751,795
28655Morganton, NC 2865510.3 mi176$80,067,328$320,200$454,928
28749Little Switzerland, NC 2874914.9 mi4$1,795,900$443,000$448,975
28762Old Fort, NC 2876216.3 mi28$19,835,648$465,475$708,416
28020Casar, NC 2802018.8 mi8$2,009,336$260,000$251,167
28612Connelly Springs, NC 2861220.9 mi50$22,257,900$279,725$445,158
28757Montreat, NC 2875722.3 mi3$2,792,451$849,000$930,817
28616Crossnore, NC 2861622.8 mi1$279,900$279,900$279,900
28160Spindale, NC 2816022.9 mi17$4,498,132$268,450$264,596
28657Newland, NC 2865723.4 mi71$46,222,846$496,500$651,026
28139Rutherfordton, NC 2813924.3 mi101$52,442,432$394,875$519,232
28714Burnsville, NC 2871425.8 mi141$91,148,604$467,000$646,444
28638Hudson, NC 2863826.3 mi36$12,808,152$299,900$355,782

Frequently Asked Questions

How many homes are for sale in NEBO, NC 28761?

As of March 2026, there are 83 active listings in NEBO, NC (zip code 28761), compared to 44 the prior year.

What is the median home price in NEBO, NC 28761?

The median listing price in NEBO, NC 28761 is $670,000 as of March 2026, a 7.6% decrease from $725,000 the prior year.

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

Homes in NEBO, NC 28761 spend an average of 75 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in NEBO, NC 28761?

Based on current inventory and days-on-market data as of March 2026, NEBO, NC 28761 is currently a Balanced Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are selling faster, averaging 75 days on market compared to 100 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEBO, NC 28761 save an estimated $13,400 compared to a typical 5% commission on the median listing price of $670,000. 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.