Local Market0 views · 2 answers
How competitive is the Albemarle housing market?
P
Primpted Housing Analyst
Updated monthly · Data through September 2026 · v269
- Sold Score
- 35/100
- YoY Challenging Market Conditions
- Pending ratio
- 0.30
- YoY contracts vs active
- Inventory YoY
- +0.1%
- YoY active listings
- Median DOM
- 74
- YoY days on market
- Price cuts
- 38.6%
- YoY of active listings
Albemarle is soft for sellers as of September 2026, with a Sold Score of 35/100 (Challenging Market Conditions).
**Pending ratio** is 0.30 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.
**Inventory change YoY** is +11.5% — more choices for buyers than a year ago.
**Median days on market** is 74. Faster than 30 days means buyers are deciding quickly.
**Price-reduction share** is 38.6% of active listings — above 25% signals sellers are widely overshooting list price.
— Live indicators (September 2026): Sold Score: 35/100 (Challenging Market Conditions) · Pending ratio: 0.30 · Inventory YoY: +11.5% · Median days on market: 74 · Sellers cutting price: 38.6% · Median listing price: $336,850 (-2.4% YoY)
Albemarle snapshot
As of the latest 2026 data- Median listing
- $337K
- YoY -0.0%
- Active inventory
- 389
- YoY +0.1%
- Median DOM
- 74
- YoY +0.1%
- Pending ratio
- 0.30
- YoY -0.1%
- Price-reduced
- 23.9%
- YoY +0.0%
P
Primpted Housing Analyst
Data-backedPrimpted research desk
The Albemarle housing market is showing signs of becoming less competitive right now. While prices are still relatively high, there's more inventory available, and homes are taking a bit longer to sell.
The median listing price in Albemarle is $336,850. This is a bit lower than last month, down by 3.7%, and also slightly less than it was at this time last year, down by 2.4%. This suggests prices are easing, which can be good news for buyers.
There are 389 active listings available, which is 11.5% more than there were at this time last year. This increase in homes for sale means buyers have more choices. New listings have also jumped by 31.7% over the past year, adding even more options.
Homes are staying on the market for an average of 74 days before going under contract. This is a 6.5% increase from last year, indicating that buyers have more time to consider their options and don't need to rush decisions.
Nearly a quarter of homes, 23.9%, have had their prices reduced. This is a slight increase from last year and shows that sellers are often adjusting their prices to attract buyers, another sign of less intense competition.
For someone looking to buy a home in Albemarle, this market offers more opportunities. You have more homes to choose from, prices are stabilizing or even decreasing slightly, and you have more time to make a decision.