$4,976 Closing Credit*
$419,000
1,703 SqFt
3 Beds
•2 Full Baths
Listing Office: Allen Tate/Beverly-Hanks Asheville-North
Is Arden, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Arden was a Seller's Market.
Key Takeaway
Arden is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arden, NC
How much do homes in Arden, NC cost?
Median Sold Price
$460,000
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$4,637(-1.0%)
Key Takeaway
Homes in Arden have sold for 1% less than they did a year ago.
Summary: The median home sold price in Arden was $460,000 in September 2024, down 1% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | - | N/A |
| 2 Bedrooms | $275K | $302.5K | +10.0% |
| 3 Bedrooms | $460K | $436K | -5.2% |
| 4 Bedrooms | $715K | $750K | +4.9% |
| 5+ Bedrooms | $785K | $665K | -15.3% |
Summary: Arden housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 15.3%.
Median Sold Price Compared To Nearby Cities
| Limestone Township | $485K | $547K | +12.8% |
| Mills River Township | $444K | $460K | +3.6% |
| Mills River | $572K | $568.7K | -0.6% |
| Arden | $464.6K | $460K | -1.0% |
| Avery Creek Township | $582K | $575.9K | -1.0% |
Housing Supply in Arden, NC
How many homes are available in Arden, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 153 | 147 | -3.9% |
Summary: The Arden real estate market had 147 homes for sale in September 2024, a 3.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 80 | 76 | -5.0% |
| 4 Bedrooms | 47 | 44 | -6.4% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Arden housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 17 | -26.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arden, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Arden in September 2024, down by 26.1% month-over-month. Of the 17 sold homes, 65% were sold under asking, 18% were sold at asking, and 18% were sold over asking.
Days on Market for Arden, NC
How long does it take to sell a home in Arden, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 46 Days | 68 Days | +46.8% |
Summary: Homes in Arden had an average of 68 days on market in Sep 2024, up by 46.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Arden has remained consistent over time.
Summary: During September 2024, 17 homes were sold in Arden; 18% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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