Is Ivy Hill Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Ivy Hill Township was a Seller's Market.
Key Takeaway
Ivy Hill 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 Ivy Hill Township, NC
How much do homes in Ivy Hill Township, NC cost?
Median Sold Price
$401,500
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Ivy Hill Township have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Ivy Hill Township was $401,500 in April 2024, up 11.2% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $192.5K | $270K | +40.3% |
| 2 Bedrooms | $320K | $374K | +16.9% |
| 3 Bedrooms | $422K | $485K | +14.9% |
| 4 Bedrooms | $570.2K | $487.5K | -14.5% |
| 5+ Bedrooms | $610.5K | $687K | +12.5% |
Summary: Ivy Hill Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.3%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Waynesville | $325.3K | $399.6K | +22.8% |
| Jonathan Creek Township | $325K | $365K | +12.3% |
| Waynesville Township | $356.6K | $399.9K | +12.1% |
| Ivy Hill Township | $361.1K | $401.5K | +11.2% |
| Maggie Valley | $368K | $407.5K | +10.7% |
Housing Supply in Ivy Hill Township, NC
How many homes are available in Ivy Hill Township, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 90 | +18.4% |
Summary: The Ivy Hill Township real estate market had 90 homes for sale in April 2024, a 18.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 34 | 42 | +23.5% |
| 3 Bedrooms | 25 | 32 | +28.0% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Ivy Hill Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.5%, 3 bedroom homes increased by 28%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ivy Hill Township, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Ivy Hill Township in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% were sold over asking.
Days on Market for Ivy Hill Township, NC
How long does it take to sell a home in Ivy Hill Township, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 23 Days | 19 Days | -13.7% |
Summary: Homes in Ivy Hill Township had an average of 19 days on market in Apr 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ivy Hill Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Ivy Hill Township; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.