Mike Hege's Market Report
Cornelius, NC 28031
Single-Family Homes
Pridemore Team at Compass | 704-491-9445 | mike.hege@compass.com
Cornelius, NC 28031
Fri Mar 13 2026
This week the median list price for Cornelius, NC 28031 is $1,187,500 with the market action index hovering around 34. This is an increase over last month's market action index of 32. Inventory has increased to 70.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Real-Time Market Profile
| Median List Price | $1,187,500 | |
| Median Price of New Listings | $2,399,000 | |
| Per Square Foot | $354 | |
| Average Days on Market | 132 | |
| Median Days on Market | 84 | |
| Price Decreased | 36% | |
| Price Increased | 1% | |
| Relisted | 10% | |
| Inventory | 70 | |
| Median Rent | ||
| Market Action | 34 | |
| Slight Seller's Advantage | ||
Click for more charts
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $4,274,500 | 6,231 | 0.5 - 1 acre | 5 | 6.5 | 27 | 1 | 0 | 140 |
| $1,850,000 | 3,893 | 0.25 - 0.5 acre | 4 | 4.5 | 29 | 6 | 2 | 21 |
| $862,000 | 2,875 | 8,000 - 10,000 sqft | 3 | 3 | 11 | 1 | 0 | 119 |
| $459,900 | 2,008 | 8,000 - 10,000 sqft | 3 | 2.5 | 25 | 1 | 5 | 70 |