$5,189 Closing Credit*
$437,000
2,014 SqFt
4 Beds
•2 Full Baths
Dee Love, Listing Office: Keller Williams Elite Realty
Is Cedar Grove, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Cedar Grove has remained a Seller's Market.
Key Takeaway
Cedar Grove is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cedar Grove, NC
How much do homes in Cedar Grove, NC cost?
Median Sold Price
$578,500
$211/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$188,500(+48.3%)
Key Takeaway
Homes in Cedar Grove have sold for 48.3% more than they did a month ago.
Summary: The median home sold price in Cedar Grove was $578,500 in September 2024, up 48.3% from last month, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $390K | $457K | +17.2% |
| 4 Bedrooms | - | $700K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Cedar Grove housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 17.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hightowers Township | $199K | $1.0M | +452.3% |
| Cedar Grove | $390K | $578.5K | +48.3% |
Housing Supply in Cedar Grove, NC
How many homes are available in Cedar Grove, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Cedar Grove real estate market had 4 homes for sale in September 2024, a 20.0% 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cedar Grove 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 remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cedar Grove, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Cedar Grove in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Cedar Grove, NC
How long does it take to sell a home in Cedar Grove, NC?
Average Sale Time
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 39 Days | 280 Days | +619.2% |
Summary: Homes in Cedar Grove had an average of 280 days on market in Sep 2024, up by 619.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cedar Grove has remained consistent over time.
Summary: During September 2024, 2 homes were sold in Cedar Grove; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.