Is Granite Quarry, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Granite Quarry has remained a Seller's Market.
Key Takeaway
Granite Quarry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granite Quarry, NC
How much do homes in Granite Quarry, NC cost?
Median Sold Price
$300,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Granite Quarry have sold for 8.8% less than they did a year ago.
Summary: The median home sold price in Granite Quarry was $300,000 in March 2024, down 8.8% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202K | $205.5K | +1.7% |
| 3 Bedrooms | $301.5K | $292.9K | -2.8% |
| 4 Bedrooms | $399.5K | $365K | -8.6% |
| 5+ Bedrooms | $395K | $437.9K | +10.9% |
Summary: Granite Quarry 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 increased by 1.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Salisbury | $244.9K | $272.5K | +11.3% |
| Providence Township | $325K | $361K | +11.1% |
| Gold Hill Township | $285K | $275K | -3.5% |
| Granite Quarry | $329K | $300K | -8.8% |
Housing Supply in Granite Quarry, NC
How many homes are available in Granite Quarry, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Granite Quarry real estate market had 13 homes for sale in March 2024, a 18.2% 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 | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Granite Quarry 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 |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granite Quarry, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Granite Quarry in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Granite Quarry, NC
How long does it take to sell a home in Granite Quarry, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 22 Days | 10 Days | -55.9% |
Summary: Homes in Granite Quarry had an average of 10 days on market in Mar 2024, down by 55.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granite Quarry are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 4 homes were sold in Granite Quarry; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.