Is Landis, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Landis is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Landis, NC cost?

Median Sold Price

$277,678

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$48,178(+21.0%)

Key Takeaway

Homes in Landis have sold for 21% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 $139.9K$175K
+25.1%
3 $235K$292.5K
+24.5%
4 $375K$322.5K
-14.0%
5+ $264K-
N/A

Median Sold Price Compared To Nearby Cities

China Grove Township
+23.3%
China Grove
+22.5%
Landis
+21.0%
Kannapolis
+19.2%
Atwell Township
+11.2%

How many homes are available in Landis, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
3330-9.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 98
-11.1%
3 2119
-9.5%
4 33
0.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
107-30.0%

Asking Price vs. Sold Price

1 Home Was 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 Landis, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
5 Days10 Days+94.2%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Landis 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.

About Landis, NC

Landis, NC has 30 homes for sale to choose from. The number of homes for sale in Landis, NC decreased by 9.1% between August 2022 and September 2022. Listings spent 10 days on the market in September 2022, and had a median list price of $277,678 during the same period. Listing prices have changed in this real estate market between August 2022 and September 2022: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices increased by 25.1%, prices of 3 bedrooms properties went up by 24.5%, 4 bedrooms properties prices decreased by 14%, 5 bedrooms properties prices increased by 0%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, number of 2 bedrooms homes decreased by 11.1%, 3 bedrooms homes inventory decreased by 9.5%, 4 bedrooms homes did not move, volume of 5 bedrooms homes stayed the same. Landis, NC housing market in September 2022 saw over 3 listings sold above listed price, more than 3 sold at listed price and over 1 sold below.

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