Is Moravian Falls, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Moravian Falls was a Seller's Market.
Housing Prices in Moravian Falls, NC
How much do homes in Moravian Falls, NC cost?
Median Sold Price
$435,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Moravian Falls was $435,500 in April 2024, up 66.9% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | - | N/A |
2 Bedrooms | $230K | $230K | 0.0% |
3 Bedrooms | $280K | $435.5K | +55.5% |
4 Bedrooms | $532K | $610K | +14.7% |
5+ Bedrooms | $1.9M | - | N/A |
Summary: Moravian Falls 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 did not change, 3 bedroom homes increased by 55.5%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Moravian Falls | $261K | $435.5K | +66.9% |
Moravian Falls Township | $295K | $340K | +15.3% |
Wilkesboro Township | $299.9K | $308K | +2.7% |
Housing Supply in Moravian Falls, NC
How many homes are available in Moravian Falls, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 17 | +21.4% |
Summary: The Moravian Falls real estate market had 17 homes for sale in April 2024, a 21.4% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Moravian Falls 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 150%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Moravian Falls in April 2024, down by 83.3% 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 Moravian Falls, NC
How long does it take to sell a home in Moravian Falls, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 49 Days | +653.8% |
Summary: Homes in Moravian Falls had an average of 49 days on market in Apr 2024, up by 653.8% compared to last year.
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
Summary: During April 2024, 1 homes were sold in Moravian Falls; 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.