Clyde, NC 28721 Real Estate Market Report

ZIP Code: 28721
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary indicator of recent market value is the median sold price, $329,000, which anchors transaction reality below asking levels (compare the median listing price of $450,000) and suggests a meaningful spread between seller expectations and closed deals; down price year-over-year trend reinforces downward pressure on sale prices.

2. Liquidity appears slow with a prolonged median days on market of 351, which signals slower sales velocity and pricing friction; given the market temperature is neutral, this may indicate a balanced but sluggish turnover environment rather than a rapidly moving market. neutral

3. Rental performance is a relative bright spot: the median market rent is $1,000 and the rent year-over-year trend is up, suggesting strengthening rental demand even as for-sale values soften; this supports consideration of buy-to-rent strategies where cashflow metrics fit underwriting criteria.

4. Macro headwinds are present: interest rate pressure is elevated, which may continue to constrain buyer purchasing power and keep downward pressure on sale prices and transaction volume; under these conditions, pricing concessions and longer listing durations should be expected. elevated

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Clyde, NC 28721 Real Estate Market Report

ZIP Code: 28721
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The primary indicator of market value is the median sold price: $267,000, which reflects recent transaction levels in Clyde and should be the focal point for pricing decisions given the down price year-over-year trend.

2. Market liquidity and tempo appear mixed with a market temperature of neutral; the combination of a neutral market environment and observed slower sales velocity suggests neutral market temperature may result in pricing friction and longer time-to-close for some listings.

3. Rental fundamentals show a strengthening trajectory: the median market rent is $1,000 and the rent year-over-year trend is up, indicating growing rental demand that can support buy-and-hold strategies even as sale prices soften.

4. Financing headwinds are meaningful: interest rate pressure is elevated, which may constrain buyer purchasing power and contribute to continued downward pressure on the median sold price (elevated interest rate pressure).

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Notable Properties

The following 4 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.