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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lanesboro Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lanesboro Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lanesboro Township, NC

How much do homes in Lanesboro Township, NC cost?

Median Sold Price

$401,500

$150/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$246,500(+159.0%)

Key Takeaway

Homes in Lanesboro Township have sold for 159% more than they did a month ago.

Summary: The median home sold price in Lanesboro Township was $401,500 in April 2024, up 159% from last month, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $75K-
N/A
3 $211.7K$202.5K
-4.4%
4 -$513K
N/A
5+ -$531K
N/A

Summary: Lanesboro Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Peachland
+231.0%
Lanesboro Township
+159.0%

Housing Supply in Lanesboro Township, NC

How many homes are available in Lanesboro Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
107-30.0%

Summary: The Lanesboro Township real estate market had 7 homes for sale in April 2024, a 30.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 42
-50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Lanesboro Township 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lanesboro Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Lanesboro Township in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Lanesboro Township, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
43 Days53 Days+21.4%

Summary: Homes in Lanesboro Township had an average of 53 days on market in Apr 2024, up by 21.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lanesboro Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Lanesboro Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Lanesboro Township, NC

Nearby Markets to Lanesboro Township, NC

What housing markets are near Lanesboro Township, NC?