Is High Shoals, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, High Shoals has remained a Seller's Market.
Key Takeaway
High Shoals is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in High Shoals, NC
How much do homes in High Shoals, NC cost?
Median Sold Price
$420,000
$156/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in High Shoals have sold for 38.8% more than they did a month ago.
Summary: The median home sold price in High Shoals was $420,000 in May 2024, up 38.8% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $302.5K | $420K | +38.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: High Shoals housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 38.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in High Shoals, NC
How many homes are available in High Shoals, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Summary: The High Shoals real estate market had 5 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The High Shoals housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in High Shoals, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in High Shoals in May 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for High Shoals, NC
How long does it take to sell a home in High Shoals, NC?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 31 Days | -45.6% |
Summary: Homes in High Shoals had an average of 31 days on market in May 2024, down by 45.6% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in High Shoals has remained consistent over time.
Summary: During May 2024, 1 homes were sold in High Shoals; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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