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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ivy Hill Township is a neutral's market

Buyer's
Market

Difference Since May 2022

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.

How much do homes in Ivy Hill Township, NC cost?

Median Sold Price

$364,333

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$23,083(+6.8%)

Key Takeaway

Homes in Ivy Hill Township have sold for 6.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $160K$165K
+3.1%
2 $305K$323.9K
+6.2%
3 $421.5K$425K
+0.8%
4 $592.5K$570.2K
-3.8%
5+ $592.5K$610.5K
+3.0%

Median Sold Price Compared To Nearby Cities

Waynesville
+17.1%
Maggie Valley
+10.2%
Waynesville Township
+8.2%
Jonathan Creek Township
+7.0%
Ivy Hill Township
+6.8%

How many homes are available in Ivy Hill Township, NC?

Number of Homes For Sale

Apr 2023May 2023%
95109+14.7%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 11
0.0%
2 4551
+13.3%
3 3843
+13.2%
4 911
+22.2%
5+ 23
+50.0%

Number of Homes Sold

Apr 2023May 2023%
1518+20.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ivy Hill Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

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

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

Average Sale Time

May 2022May 2023%
24 Days25 Days+2.0%

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ivy Hill Township 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.

What housing markets are near Ivy Hill Township, NC?

About Ivy Hill Township, NC

Ivy Hill Township, NC has 109 homes for sale to choose from. Between April 2023 and May 2023, Ivy Hill Township, NC real estate market has seen increase in the number of listings by 14.7%. The median list price of listings available in May 2023 was $364,333, while the average time on the real estate market was 25 days. This housing market listing prices have changed between April 2023 and May 2023: 1 bedroom properties prices increased by 3.1%, the cost of 2 bedrooms properties went up by 6.2%, 3 bedrooms properties prices increased by 0.8%, prices of 4 bedrooms properties decreased by 3.8%, prices of 5 bedrooms properties went up by 3%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes went up by 13.3%, volume of 3 bedrooms homes went up by 13.2%, the quantity of 4 bedrooms homes went up by 22.2%, volume of 5 bedrooms homes went up by 50%. In May 2023, from all listings sold in Ivy Hill Township, NC there were more than 3 sold above asking price, over 12 sold below and more than 3 were sold right at the asked price.