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 neutral's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Icard Township was a Seller's Market.

Key Takeaway

Icard Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Icard Township, NC

How much do homes in Icard Township, NC cost?

Median Sold Price

$220,000

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$30,100(+15.9%)

Key Takeaway

Homes in Icard Township have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Icard Township was $220,000 in June 2024, up 15.9% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $130K$123.2K
-5.2%
2 $153K$163.5K
+6.9%
3 $205K$230K
+12.2%
4 $180K$377.5K
+109.7%
5+ $341.7K-
N/A

Summary: Icard Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 109.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Icard Township
+15.9%
Drexel Township
+12.5%
Lovelady Township
+3.0%
Connelly Springs
+2.4%

Housing Supply in Icard Township, NC

How many homes are available in Icard Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
5145-11.8%

Summary: The Icard Township real estate market had 45 homes for sale in June 2024, a 11.8% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 11
0.0%
2 77
0.0%
3 3527
-22.9%
4 68
+33.3%
5+ 22
0.0%

Summary: The Icard Township housing inventory by bedroom type for June 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 22.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
177-58.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

3 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. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Icard Township in June 2024, down by 58.8% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% 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

Jun 2023Jun 2024CHANGE
39 Days12 Days-67.7%

Summary: Homes in Icard Township had an average of 12 days on market in Jun 2024, down by 67.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was 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 June 2024, 7 homes were sold in Icard Township; 86% of homes were sold within 30 days, 14% 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 26 Days Ago

Newest Listings in Icard Township, NC

Nearby Markets to Icard Township, NC

What housing markets are near Icard Township, NC?