Is Grandover, 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, Grandover has remained a Seller's Market.
Key Takeaway
Grandover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grandover, NC
How much do homes in Grandover, NC cost?
Median Sold Price
$435,990
$236/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Grandover have sold for 15.7% less than they did a month ago.
Summary: The median home sold price in Grandover was $435,990 in April 2024, down 15.7% from last month, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $337.5K | $331.1K | -1.9% |
| 3 Bedrooms | $445.9K | $433.8K | -2.7% |
| 4 Bedrooms | $631.9K | $639K | +1.1% |
| 5+ Bedrooms | - | - | N/A |
Summary: Grandover housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes did not change.
Housing Supply in Grandover, NC
How many homes are available in Grandover, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Grandover real estate market had 20 homes for sale in April 2024, a 13.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 8 | 6 | -25.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Grandover housing inventory by bedroom type for April 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 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grandover, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Grandover in April 2024, up by 75.0% month-over-month. Of the 7 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Grandover, NC
How long does it take to sell a home in Grandover, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 59 Days | +174.5% |
Summary: Homes in Grandover had an average of 59 days on market in Apr 2024, up by 174.5% compared to last month.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grandover are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Grandover; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
