Is Vale, 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, Vale was a Seller's Market.
Housing Prices in Vale, NC
How much do homes in Vale, NC cost?
Median Sold Price
$270,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Vale was $270,000 in April 2024, up 17.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $120K | N/A |
2 Bedrooms | $165K | $202.5K | +22.7% |
3 Bedrooms | $230K | $267.5K | +16.3% |
4 Bedrooms | $272.5K | $447K | +64.0% |
5+ Bedrooms | $367.5K | $455K | +23.8% |
Summary: Vale 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 22.7%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 64%, and 5+ bedroom homes increased by 23.8%.
Median Sold Price Compared To Nearby Cities
Bandy's Township | $195.5K | $279.5K | +43.0% |
Jacobs Fork Township | $245K | $310K | +26.5% |
Vale | $230K | $270K | +17.4% |
Howards Creek Township | $308.5K | $270K | -12.5% |
Housing Supply in Vale, NC
How many homes are available in Vale, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 37 | -11.9% |
Summary: The Vale real estate market had 37 homes for sale in April 2024, a 11.9% decrease 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 | 4 | 4 | 0.0% |
3 Bedrooms | 36 | 32 | -11.1% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vale 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 remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Vale in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Vale, NC
How long does it take to sell a home in Vale, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 77 Days | +47.3% |
Summary: Homes in Vale had an average of 77 days on market in Apr 2024, up by 47.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Vale; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.