Listing Office: McCombs & Hoke Real Estate
Is Glen Alpine, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Glen Alpine was a Seller's Market.
Key Takeaway
Glen Alpine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glen Alpine, NC
How much do homes in Glen Alpine, NC cost?
Median Sold Price
$357,500
$177/sqft
Based on all homes sold in September 2024.
Difference Since Last Month
+$28,000(+8.5%)
Key Takeaway
Homes in Glen Alpine have sold for 8.5% more than they did a month ago.
Summary: The median home sold price in Glen Alpine was $357,500 in September 2024, up 8.5% from last month, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $190K | N/A |
| 3 Bedrooms | $324K | - | N/A |
| 4 Bedrooms | $329.5K | $525K | +59.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Glen Alpine 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 did not change, 4 bedroom homes increased by 59.3%, and 5+ bedroom homes did not change.
Housing Supply in Glen Alpine, NC
How many homes are available in Glen Alpine, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Glen Alpine real estate market had 20 homes for sale in September 2024, a 5.3% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glen Alpine 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 increased by 100%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Alpine, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Glen Alpine in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 67 Days | 47 Days | -29.1% |
Summary: Homes in Glen Alpine had an average of 47 days on market in Sep 2024, down by 29.1% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glen Alpine are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Glen Alpine; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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