Is Monkey Junction, 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, Monkey Junction has remained a Seller's Market.
Housing Prices in Monkey Junction, NC
How much do homes in Monkey Junction, NC cost?
Median Sold Price
$333,750
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Monkey Junction was $333,750 in April 2024, up 2.7% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $245K | $261K | +6.5% |
3 Bedrooms | $345K | $374.9K | +8.7% |
4 Bedrooms | $488.5K | $595K | +21.8% |
5+ Bedrooms | $704K | $715.5K | +1.6% |
Summary: Monkey Junction housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 21.8%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Monkey Junction, NC
How many homes are available in Monkey Junction, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 47 | +20.5% |
Summary: The Monkey Junction real estate market had 47 homes for sale in April 2024, a 20.5% 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 | 16 | 19 | +18.8% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Monkey Junction 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 18.8%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 14 | +100.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Monkey Junction in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for Monkey Junction, NC
How long does it take to sell a home in Monkey Junction, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 32 Days | +183.9% |
Summary: Homes in Monkey Junction had an average of 32 days on market in Apr 2024, up by 183.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Monkey Junction; 64% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.