Is Landfall, 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, Landfall was a Seller's Market.
Key Takeaway
Landfall is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Landfall, NC
How much do homes in Landfall, NC cost?
Median Sold Price
$1,150,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Landfall have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Landfall was $1,150,000 in April 2024, up 9.5% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $520K | $551.5K | +6.1% |
| 3 Bedrooms | $875K | $887.5K | +1.4% |
| 4 Bedrooms | $1.0M | $1.2M | +21.0% |
| 5+ Bedrooms | $1.5M | $1.4M | -9.5% |
Summary: Landfall 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 6.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 21%, and 5+ bedroom homes decreased by 9.5%.
Housing Supply in Landfall, NC
How many homes are available in Landfall, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 44 | 46 | +4.5% |
Summary: The Landfall real estate market had 46 homes for sale in April 2024, a 4.5% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 12 | 10 | -16.7% |
| 4 Bedrooms | 22 | 22 | 0.0% |
| 5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The Landfall 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 increased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 6 | -45.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Landfall, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Landfall in April 2024, down by 45.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Landfall, NC
How long does it take to sell a home in Landfall, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 5 Days | 46 Days | +723.5% |
Summary: Homes in Landfall had an average of 46 days on market in Apr 2024, up by 723.5% compared to last year.
Breakdown of Home Sale Times
3 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 Landfall are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Landfall; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
