Is King's Grant, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, King's Grant has remained a Seller's Market.
Key Takeaway
King's Grant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in King's Grant, NC
How much do homes in King's Grant, NC cost?
Median Sold Price
$243,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in King's Grant have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in King's Grant was $243,000 in April 2024, up 1.5% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $117.5K | $141K | +20.0% |
| 3 Bedrooms | $190K | $195K | +2.6% |
| 4 Bedrooms | $340.1K | $325K | -4.5% |
| 5+ Bedrooms | $420K | $430K | +2.4% |
Summary: King's Grant housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Terry Sanford | $167K | $190K | +13.8% |
| King's Grant | $239.3K | $243K | +1.5% |
Housing Supply in King's Grant, NC
How many homes are available in King's Grant, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 110 | +3.8% |
Summary: The King's Grant real estate market had 110 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 55 | 50 | -9.1% |
| 4 Bedrooms | 36 | 43 | +19.4% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The King's Grant housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 21 | 33 | +57.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in King's Grant, expect to pay close to the asking price. 42.4% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in King's Grant in April 2024, up by 57.1% month-over-month. Of the 33 sold homes, 30% were sold under asking, 42% were sold at asking, and 27% were sold over asking.
Days on Market for King's Grant, NC
How long does it take to sell a home in King's Grant, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 38 Days | -43.6% |
Summary: Homes in King's Grant had an average of 38 days on market in Apr 2024, down by 43.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in King's Grant are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in King's Grant; 67% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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