Davidson, NC 28036 Real Estate Market Report

ZIP Code: 28036
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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Davidson, NC, are averaging approximately 6.34%, reflecting the broader market volatility experienced throughout early 2026.

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

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Key Findings

1. The market's primary indicator, the median sold price, is $731,450, anchoring recent transaction-based value and suggesting realized sales are the most reliable signal for pricing decisions; note that the price year-over-year trend is down, which may warrant conservative seller pricing and buyer patience.

2. A high median days on market of 262 points to slower sales velocity and extended negotiation windows; combined with a neutral market temperature (neutral), this suggests balanced conditions where pricing friction and time-on-market are key determinants of liquidity.

3. Rental demand is strengthening: the median market rent is $2,550 and rent year-over-year trend is up, indicating rising rental revenue potential that may support investor interest despite slower sales velocity.

4. Interest rate pressure is assessed as moderate while current 30-year fixed mortgage rates in Davidson are averaging approximately 6.34%, a contextual headwind for financing that may temper buyer urgency and reinforce the value of transaction-based pricing (median sold price) in negotiations.

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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.

Davidson, NC 28036 Real Estate Market Report

ZIP Code: 28036
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

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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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Davidson, NC, are averaging approximately 6.34%, reflecting the broader market volatility experienced throughout early 2026.

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

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Key Findings

1. The median sold price is $478,500, which should be treated as the primary indicator of recent market value; the price year-over-year trend is down, suggesting recent softening in transaction prices despite balanced market temperature.

2. There is a notable divergence between the median listing price of $459,313 and the median sold price of $478,500, which may indicate pricing friction where seller expectations and closed-transaction values do not fully align.

3. The median days on market of 337 signals slower transaction velocity and longer time-to-close for representative SFR and condo sales, which, combined with a neutral market temperature, appears to reflect balanced but cautious liquidity rather than rapid turnover.

4. Rental conditions show a median market rent of $2,400 and a rent year-over-year trend that is up, indicating strengthening rental demand that may support investor interest even as purchase prices moderate; interest rate pressure is noted as moderate and current 30-year fixed mortgage rates are averaging approximately 6.34%, which may constrain some buyer affordability.

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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.