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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ironton Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Ironton Township, NC

How much do homes in Ironton Township, NC cost?

Median Sold Price

$337,500

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,000(+2.1%)

Key Takeaway

Homes in Ironton Township have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Ironton Township was $337,500 in March 2024, up 2.1% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$138K
N/A
2 $212.5K$211.7K
-0.4%
3 $310K$325K
+4.8%
4 $547.5K$557.5K
+1.8%
5+ $592.5K$520K
-12.2%

Summary: Ironton Township 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 decreased by 0.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Cities

Lincolnton Township
+12.8%
Lincolnton
+10.7%
Iron Station
+2.9%
Ironton Township
+2.1%

Housing Supply in Ironton Township, NC

How many homes are available in Ironton Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5357+7.5%

Summary: The Ironton Township real estate market had 57 homes for sale in March 2024, a 7.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 24
+100.0%
3 3941
+5.1%
4 79
+28.6%
5+ 43
-25.0%

Summary: The Ironton Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1316+23.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ironton Township, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Ironton Township in March 2024, up by 23.1% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.

Days on Market for Ironton Township, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
44 Days26 Days-41.0%

Summary: Homes in Ironton Township had an average of 26 days on market in Mar 2024, down by 41% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 16 homes were sold in Ironton Township; 69% of homes were sold within 30 days, 31% 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 25 Days Ago

Newest Listings in Ironton Township, NC

Nearby Markets to Ironton Township, NC

What housing markets are near Ironton Township, NC?