Is Iredell County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Iredell County is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Iredell County has remained a Seller's Market.

Key Takeaway

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

How much do homes in Iredell County, NC cost?

Median Sold Price

$369,997

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$42,131(+12.9%)

Key Takeaway

Homes in Iredell County have sold for 12.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $118K$170K
+44.1%
2 $172.3K$212.4K
+23.3%
3 $280K$310.2K
+10.8%
4 $410K$472.5K
+15.3%
5+ $425.1K$535K
+25.8%

Median Sold Price Compared To Nearby Counties

Alexander County
+19.8%
Rowan County
+17.4%
Iredell County
+12.9%
Davie County
+10.5%
Catawba County
+9.2%

How many homes are available in Iredell County, NC?

Number of Homes For Sale

Oct 2022Nov 2022%
1,007954-5.3%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 85
-37.5%
2 8881
-8.0%
3 512500
-2.3%
4 282263
-6.7%
5+ 117105
-10.3%

Number of Homes Sold

Oct 2022Nov 2022%
228194-14.9%

Asking Price vs. Sold Price

107 Homes Were Sold
Under Asking

56 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Iredell County, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
22 Days34 Days+54.1%

Breakdown of Home Sale Times

119 Homes Were Sold
Under 30 Days

54 Homes Were Sold
In 30 - 90 Days

19 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Iredell County, NC

Homes for sale in Iredell County, NC have reached 954. In November 2022 in Iredell County, NC there were 5.3% less homes for sale than in October 2022. The median list price of listings available in November 2022 was $369,997, while the average time on the real estate market was 34 days. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 44.1%, the cost of 2 bedrooms properties went up by 23.3%, prices of 3 bedrooms properties increased by 10.8%, prices of 4 bedrooms properties went up by 15.3%, 5 bedrooms properties became 25.8% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 37.5%, the quantity of 2 bedrooms homes went down by 8%, volume of 3 bedrooms homes went down by 2.3%, number of 4 bedrooms homes decreased by 6.7%, volume of 5 bedrooms homes went down by 10.3%. Iredell County, NC housing market in November 2022 saw over 31 listings sold above listed price, more than 56 sold at listed price and over 107 sold below.

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