Is Glen Alpine, 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, Glen Alpine was a Seller's Market.
Key Takeaway
Glen Alpine is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Glen Alpine, NC
How much do homes in Glen Alpine, NC cost?
Median Sold Price
$267,500
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Glen Alpine have sold for 10.8% less than they did a year ago.
Summary: The median home sold price in Glen Alpine was $267,500 in March 2024, down 10.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $197.5K | N/A |
| 2 Bedrooms | $290K | $193.5K | -33.3% |
| 3 Bedrooms | $292.5K | $270K | -7.7% |
| 4 Bedrooms | $274.9K | - | N/A |
| 5+ Bedrooms | $419.9K | - | N/A |
Summary: Glen Alpine 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 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Quaker Meadows Township | $275K | $342.5K | +24.5% |
| Linville Township | $776K | $835K | +7.6% |
| Morganton | $255K | $267.2K | +4.8% |
| Silver Creek Township | $253K | $229K | -9.5% |
| Glen Alpine | $300K | $267.5K | -10.8% |
Housing Supply in Glen Alpine, NC
How many homes are available in Glen Alpine, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Summary: The Glen Alpine real estate market had 7 homes for sale in March 2024, a 75.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 1 | 4 | +300.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glen Alpine 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 300%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Alpine, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Glen Alpine in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Glen Alpine, NC
How long does it take to sell a home in Glen Alpine, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 13 Days | -71.1% |
Summary: Homes in Glen Alpine had an average of 13 days on market in Mar 2024, down by 71.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glen Alpine are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 1 homes were sold in Glen Alpine; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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