Is Granite Quarry, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Granite Quarry has remained a Seller's Market.
Housing Prices in Granite Quarry, NC
How much do homes in Granite Quarry, NC cost?
Median Sold Price
$289,900
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Granite Quarry was $289,900 in May 2024, down 5.7% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199K | $219.5K | +10.3% |
3 Bedrooms | $300K | $289K | -3.7% |
4 Bedrooms | $395.2K | $359.9K | -8.9% |
5+ Bedrooms | $437.9K | - | N/A |
Summary: Granite Quarry 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 10.3%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Providence Township | $325K | $370K | +13.8% |
Salisbury | $250K | $275K | +10.0% |
Granite Quarry | $307.5K | $289.9K | -5.7% |
Gold Hill Township | $299.9K | $267.5K | -10.8% |
Housing Supply in Granite Quarry, NC
How many homes are available in Granite Quarry, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Summary: The Granite Quarry real estate market had 17 homes for sale in May 2024, a 54.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 5 | 11 | +120.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Granite Quarry 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 decreased by 100%, 3 bedroom homes increased by 120%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Granite Quarry in May 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Granite Quarry, NC
How long does it take to sell a home in Granite Quarry, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
5 Days | 55 Days | +862.5% |
Summary: Homes in Granite Quarry had an average of 55 days on market in May 2024, up by 862.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Granite Quarry; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.