The Albemarle housing market is somewhat competitive. The median sale price of a home in Albemarle was $300K last month, up 29.1% since last year. The median sale price per square foot in Albemarle is $168, down 6.1% since last year.
What is the housing market like in Albemarle today?
In October 2024, Albemarle home prices were up 29.1% compared to last year, selling for a median price of $300K. On average, homes in Albemarle sell after 69 days on the market compared to 72 days last year. There were 35 homes sold in October this year, up from 30 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$300,000
+29.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Albemarle, NC
$300,000
+29.1%
United States
To compare other locations to the Albemarle and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Albemarle add value to a home.
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How hot is the Albemarle housing market?
Albemarle is somewhat competitive. Homes sell in 69 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 69 days.
Hot homes
can sell for around list price and go pending in around 40 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Albemarle housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Albemarle.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Albemarle has a minor risk of flooding. 878 properties in Albemarle are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Albemarle. Flood risk is increasing slower than the national average.
70% of properties are at risk of wildfire over the next 30 years
Fire Factor
Albemarle has a moderate risk of wildfire. There are 6,365 properties in Albemarle that have some risk of being affected by wildfire over the next 30 years. This represents 70% of all properties in Albemarle.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Albemarle has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Albemarle is most at risk from hurricanes. 8,976 properties in Albemarle have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 79 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 92 mph.