Is Lovelady Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lovelady Township has remained a Seller's Market.
Housing Prices in Lovelady Township, NC
How much do homes in Lovelady Township, NC cost?
Median Sold Price
$283,250
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lovelady Township was $283,250 in April 2024, up 3.9% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $165K | -10.8% |
2 Bedrooms | $169.2K | $156.4K | -7.5% |
3 Bedrooms | $275K | $287.2K | +4.5% |
4 Bedrooms | $523.6K | $529.5K | +1.1% |
5+ Bedrooms | $447.5K | $607.5K | +35.8% |
Summary: Lovelady Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 35.8%.
Median Sold Price Compared To Nearby Cities
Lovelady Township | $272.6K | $283.2K | +3.9% |
Sawmills | $227.5K | $228K | 0.2% |
Granite Falls | $255K | $250K | -2.0% |
Housing Supply in Lovelady Township, NC
How many homes are available in Lovelady Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 66 | +11.9% |
Summary: The Lovelady Township real estate market had 66 homes for sale in April 2024, a 11.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 29 | 30 | +3.4% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lovelady Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 17 | +30.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Lovelady Township in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 47% were sold under asking, 35% were sold at asking, and 18% were sold over asking.
Days on Market for Lovelady Township, NC
How long does it take to sell a home in Lovelady Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 83 Days | +300.5% |
Summary: Homes in Lovelady Township had an average of 83 days on market in Apr 2024, up by 300.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Lovelady Township; 35% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.