Is Leland, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$386,948
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Leland was $386,948 in March 2024, up 3.5% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $302K | $275K | -8.9% |
3 Bedrooms | $349.3K | $359.3K | +2.9% |
4 Bedrooms | $414.6K | $444.9K | +7.3% |
5+ Bedrooms | $480K | $443.7K | -7.6% |
Summary: Leland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Navassa | $254K | $277K | +9.1% |
Town Creek Township | $359.9K | $375.6K | +4.4% |
Leland | $373.7K | $386.9K | +3.5% |
Northwest Township | $349.5K | $351K | 0.4% |
Housing Supply in Leland, NC
How many homes are available in Leland, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
336 | 361 | +7.4% |
Summary: The Leland real estate market had 361 homes for sale in March 2024, a 7.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 16 | 11 | -31.3% |
3 Bedrooms | 197 | 210 | +6.6% |
4 Bedrooms | 111 | 127 | +14.4% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Leland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 31.3%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
59 | 86 | +45.8% |
Asking Price vs. Sold Price
45 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 86 homes were sold or pending in Leland in March 2024, up by 45.8% month-over-month. Of the 86 sold homes, 52% were sold under asking, 38% were sold at asking, and 9% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 56 Days | +31.8% |
Summary: Homes in Leland had an average of 56 days on market in Mar 2024, up by 31.8% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
23 Homes Were Sold
Over 90 Days
Summary: During March 2024, 86 homes were sold in Leland; 51% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.