Clyde, NC 28721 Real Estate Market Report

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.

Market Metrics

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.

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.

Property Taxes

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.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of market value is the median sold price of $305,000, which reflects recent transaction activity and anchors pricing expectations for SFR and condo properties in Clyde; given the longer selling cycles, this figure should be prioritized over asking prices when valuing offers.
2. There is a material gap between the median listing price of $507,450 and the median sold price, which suggests seller asking prices exceed recent transaction levels and may indicate pricing friction or seller expectations that are not yet aligned with closed-market outcomes.
3. Liquidity appears slow: the median days on market of 368 points to extended time-to-contract and slower sales velocity, which may mean buyers have more negotiation leverage and sellers should expect longer marketing periods.
4. Market context is mixed: the price year-over-year trend is down while the rent year-over-year trend is up, and with interest rate pressure: moderate this creates a cautious environment where rental demand supports hold strategies but sales pricing faces downward pressure; treat the market as balanced/neutral rather than strongly one-sided.

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.