Is Green Mountain, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Mountain is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Green Mountain was a Neutral Market.

Key Takeaway

Green Mountain is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Green Mountain, NC

How much do homes in Green Mountain, NC cost?

Median Sold Price

$287,500

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$112,500(-28.1%)

Key Takeaway

Homes in Green Mountain have sold for 28.1% less than they did a year ago.

Summary: The median home sold price in Green Mountain was $287,500 in March 2024, down 28.1% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $141K$266K
+88.7%
2 $327K$290K
-11.3%
3 $482.5K$275K
-43.0%
4 $387.5K$450K
+16.1%
5+ --
N/A

Summary: Green Mountain housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.7%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes decreased by 43%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes did not change.

Housing Supply in Green Mountain, NC

How many homes are available in Green Mountain, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
98-11.1%

Summary: The Green Mountain real estate market had 8 homes for sale in March 2024, a 11.1% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 44
0.0%
3 32
-33.3%
4 00
0.0%
5+ 11
0.0%

Summary: The Green Mountain 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 decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Mountain, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Green Mountain 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 Green Mountain, NC

How long does it take to sell a home in Green Mountain, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
5 Days168 Days+3260.0%

Summary: Homes in Green Mountain had an average of 168 days on market in Mar 2024, up by 3260% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Green Mountain are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Green Mountain; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 24 Days Ago

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