06/15/2026
Forsyth County, NC Real Estate Update – May 2026
May continued the trend we've been seeing over the past several months as the market is in a more balanced environment. Inventory continues to grow, buyers have more choices, and homes are generally taking longer to sell than they were a year ago.
Inventory Continues to Climb
Inventory increased to 1,209 homes for sale in May, up more than 35% compared to this time last year. Months of supply also rose to 3.5 months, giving buyers more options and creating more competition among sellers.
Buyers Are Being More Selective
Pending sales were down 31.7% compared to May 2025, showing that buyer activity remains slower than what we've seen over the past few years. Buyers are still out there, but they're taking more time, comparing more options, and being more selective before making a move.
The Affordability Gap Is Creating More Price Adjustments
Average days on market increased to 44 days, up 33% from last year. One trend I'm seeing is a growing disconnect between affordability and seller expectations. Many homeowners are still looking at values from the peak of the market, while today's buyers are dealing with higher interest rates and monthly payments. As a result, we're seeing more price reductions as sellers adjust to what buyers can realistically afford.
Home Values Remain Stable
The median sales price came in at $323,500, essentially unchanged from a year ago. While some homes require price adjustments, well-priced properties in desirable areas are still attracting attention and selling close to their asking price.
What This Means for Sellers
The market is still healthy, but pricing correctly from the start is becoming more important than ever. Buyers have more options today than they've had in quite some time, and homes that are priced competitively and marketed well are putting themselves in the best position to succeed.
Zach Jarvis
Express Home Realty
(336) 914-0084
[email protected]
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