Is Zirconia, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zirconia is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Zirconia was a Buyer's Market.

Key Takeaway

Zirconia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Zirconia, NC

How much do homes in Zirconia, NC cost?

Median Sold Price

$485,000

$237/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$75,000(+18.3%)

Key Takeaway

Homes in Zirconia have sold for 18.3% more than they did a year ago.

Summary: The median home sold price in Zirconia was $485,000 in May 2024, up 18.3% from last year, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $100K-
N/A
2 $277.5K$285K
+2.7%
3 $657.5K$578.7K
-12.0%
4 $1.1M$660K
-40.0%
5+ $757.1K-
N/A

Summary: Zirconia housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.7%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Zirconia
+18.3%
Crab Creek Township
+3.3%
Green River Township
-0.5%
Flat Rock
-10.9%

Housing Supply in Zirconia, NC

How many homes are available in Zirconia, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2124+14.3%

Summary: The Zirconia real estate market had 24 homes for sale in May 2024, a 14.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 22
0.0%
2 11
0.0%
3 1416
+14.3%
4 12
+100.0%
5+ 33
0.0%

Summary: The Zirconia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zirconia, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Zirconia in May 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Zirconia, NC

How long does it take to sell a home in Zirconia, NC?

Average Sale Time

May 2023May 2024CHANGE
36 Days72 Days+102.3%

Summary: Homes in Zirconia had an average of 72 days on market in May 2024, up by 102.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Zirconia are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 6 homes were sold in Zirconia; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Zirconia, NC

Nearby Markets to Zirconia, NC

What housing markets are near Zirconia, NC?