Is Icard Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Icard Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Icard Township has remained a Seller's Market.

Key Takeaway

Icard Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Icard Township, NC

How much do homes in Icard Township, NC cost?

Median Sold Price

$200,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+8.1%)

Key Takeaway

Homes in Icard Township have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in Icard Township was $200,000 in March 2024, up 8.1% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $88.5K$166.7K
+88.4%
2 $135K$180K
+33.3%
3 $207.5K$212K
+2.2%
4 $180K$299K
+66.1%
5+ $341.7K-
N/A

Summary: Icard Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 88.4%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 66.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Connelly Springs
+39.2%
Icard Township
+8.1%
Lovelady Township
+6.4%
Drexel Township
+2.2%

Housing Supply in Icard Township, NC

How many homes are available in Icard Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5458+7.4%

Summary: The Icard Township real estate market had 58 homes for sale in March 2024, a 7.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 12
+100.0%
2 55
0.0%
3 4144
+7.3%
4 66
0.0%
5+ 11
0.0%

Summary: The Icard Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1412-14.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Icard Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Icard Township in March 2024, down by 14.3% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Icard Township, NC

How long does it take to sell a home in Icard Township, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days23 Days-11.5%

Summary: Homes in Icard Township had an average of 23 days on market in Mar 2024, down by 11.5% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Icard Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in Icard Township; 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.

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

Report Updated 21 Days Ago

Newest Listings in Icard Township, NC

Nearby Markets to Icard Township, NC

What housing markets are near Icard Township, NC?