Is Leland, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Leland has remained a Seller's Market.
Housing Prices in Leland, NC
How much do homes in Leland, NC cost?
Median Sold Price
$405,428
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Leland was $405,428 in June 2024, up 10% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $300K | $275K | -8.3% |
3 Bedrooms | $343.9K | $369.9K | +7.6% |
4 Bedrooms | $413.4K | $459.8K | +11.2% |
5+ Bedrooms | $475K | $469K | -1.2% |
Summary: Leland housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes decreased by 1.2%.
Median Sold Price Compared To Nearby Cities
Leland | $368.7K | $405.4K | +10.0% |
Town Creek Township | $359.9K | $384.8K | +6.9% |
Northwest Township | $349.9K | $359K | +2.6% |
Housing Supply in Leland, NC
How many homes are available in Leland, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
445 | 425 | -4.5% |
Summary: The Leland real estate market had 425 homes for sale in June 2024, a 4.5% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 245 | 233 | -4.9% |
4 Bedrooms | 170 | 155 | -8.8% |
5+ Bedrooms | 15 | 21 | +40.0% |
Summary: The Leland housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
103 | 101 | -1.9% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
37 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 101 homes were sold or pending in Leland in June 2024, down by 1.9% month-over-month. Of the 101 sold homes, 51% were sold under asking, 37% were sold at asking, and 12% were sold over asking.
Days on Market for Leland, NC
How long does it take to sell a home in Leland, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
44 Days | 59 Days | +34.2% |
Summary: Homes in Leland had an average of 59 days on market in Jun 2024, up by 34.2% compared to last year.
Breakdown of Home Sale Times
56 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During June 2024, 101 homes were sold in Leland; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.