Asheboro area condo sales rose even with more homes on the market
Sales are up, and so is supply. That combination gives both buyers and sellers something real to work with right now in the Asheboro area.
The National Association of Realtors reported U.S. existing-home sales fell 2.0% in August 2026. The Asheboro area went the other way. The Real Estate Data Aggregator counted 176 condos and townhomes sold across ZIP codes 27263, 27205 and 27203 in the three months ending August 31, 2026. That is up 12.1% from the same three months of 2025.
At the same time, the Real Estate Data Aggregator counted 192 condos and townhomes for sale across those three ZIP codes. That is up 15.7% from a year before. More choices for buyers, but demand kept pace.
How each Asheboro ZIP code looked
The three ZIP codes each tell a slightly different story. Here is what the Real Estate Data Aggregator counted for the three months ending August 31, 2026.
| 27205 | 27263 | 27203 | |
|---|---|---|---|
| Homes sold | 82 | 48 | 46 |
| Median sale price | $297,000 | $255,000 | $216,495 |
| Median days on market | 37 | 34 | 57 |
| Sale to list price | 97.6% | 97.3% | 97.7% |
| Months of supply | 3 | 3.6 | 3.7 |
ZIP 27205: the most sales, supply tightened
The Real Estate Data Aggregator counted 82 homes sold in ZIP 27205 in the three months ending August 31, 2026. That is up 32.3% from a year before. The median sale price was $297,000, up 3.7%. Months of supply dropped by 1 full month, down to 3 months. That means buyers had fewer options here even as sales climbed.
ZIP 27263: prices up, homes moved in 34 days
The Real Estate Data Aggregator counted 48 homes sold in ZIP 27263 in the three months ending August 31, 2026. Sales held steady from a year before. The median sale price was $255,000, up 10.4%. That is the strongest price gain of the three ZIP codes. Homes here took a median of 34 days to sell, the quickest of any ZIP in this group. Nearly half, 47.2%, went under contract within two weeks of listing.
ZIP 27203: more supply, prices dipped, but pending sales jumped
ZIP 27203 is the one place where prices pulled back. The Real Estate Data Aggregator put the median sale price at $216,495 in the three months ending August 31, 2026, down 13.4% from a year before. Homes for sale rose 36.6%. Median days on market stretched to 57, which is 9 days longer than 2025. Not every home here sold quickly.
Still, pending sales in ZIP 27203 rose 26.2%, the Real Estate Data Aggregator shows. That tells you buyers are still making moves, even where the market is slower.
What the wider picture adds
Mortgage rates are part of what every buyer is working around right now. CNBC reported the average 30-year fixed rate rose to 7.49% as of October 7, 2026. That is up from 7.30% the week before, also from CNBC. Higher rates slow purchase applications. CNBC also reported that mortgage applications to buy a home were 15% lower than the same week one year ago.
Nationally, the Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. The Asheboro area's ZIP 27263 outpaced that, at 10.4% price growth, the Real Estate Data Aggregator shows.
- The Asheboro area counted 176 condos and townhomes sold in the three months ending August 31, 2026, up 12.1%, while the U.S.
- fell 2.0%.
- More homes are on the market, up 15.7%, but demand kept pace.
- ZIP 27263 led on price growth.
- ZIP 27205 led on sales volume.
- ZIP 27203 took longer to sell but showed a strong jump in pending sales.
- One street can read very differently from the whole ZIP code.
- These are the numbers for the period, not a promise of what comes next.
If your condo or townhome is in Asheboro, the ZIP code it sits in shapes what buyers see and what you can expect. The numbers above are a starting point, but your street may tell a different story.
Your next step
(336) 392-5869Text me your address and I will send back what your Asheboro condo or townhome is worth, against what homes in your ZIP code actually sold for in the three months ending August 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 27263, 27205 and 27203, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- National Association of Realtors: Existing-Home Sales, read Oct 10, 2026
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Realtor.com: August 2026 Rental Report: Rents Fall for 37th Straight Month as Concessions Give Renters More Leverage, Sep 17, 2026
- CNBC: Refinance demand is now half what it was a year ago, as mortgage rates rise again, Oct 7, 2026
- CNBC: Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard, Sep 30, 2026