Is East Flat Rock, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, East Flat Rock was a Seller's Market.
Housing Prices in East Flat Rock, NC
How much do homes in East Flat Rock, NC cost?
Median Sold Price
$325,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Flat Rock was $325,000 in March 2024, up 5.9% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $219K | N/A |
2 Bedrooms | $285K | $217.5K | -23.7% |
3 Bedrooms | $320.1K | $356.5K | +11.4% |
4 Bedrooms | $367.5K | $314K | -14.6% |
5+ Bedrooms | $750K | $331K | -55.9% |
Summary: East Flat Rock housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 55.9%.
Median Sold Price Compared To Nearby Cities
Hendersonville | $360K | $434.5K | +20.7% |
Blue Ridge Township | $407.5K | $440K | +8.0% |
East Flat Rock | $307K | $325K | +5.9% |
Hendersonville Township | $418.8K | $435K | +3.9% |
Flat Rock | $641.5K | $570K | -11.1% |
Housing Supply in East Flat Rock, NC
How many homes are available in East Flat Rock, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Summary: The East Flat Rock real estate market had 7 homes for sale in March 2024, a 16.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 4 | +33.3% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Flat Rock housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
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 East Flat Rock in March 2024, the same as the previous 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 East Flat Rock, NC
How long does it take to sell a home in East Flat Rock, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
10 Days | 75 Days | +650.0% |
Summary: Homes in East Flat Rock had an average of 75 days on market in Mar 2024, up by 650% 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 March 2024, 1 homes were sold in East Flat Rock; 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.