Is Limestone Township, 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, Limestone Township has remained a Seller's Market.
Key Takeaway
Limestone Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Limestone Township, NC
How much do homes in Limestone Township, NC cost?
Median Sold Price
$449,000
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Limestone Township have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Limestone Township was $449,000 in March 2024, down 10.2% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $302K | N/A |
| 2 Bedrooms | $304.7K | $320K | +5.0% |
| 3 Bedrooms | $417.5K | $424.5K | +1.7% |
| 4 Bedrooms | $819.5K | $850K | +3.7% |
| 5+ Bedrooms | $2.2M | $2.0M | -9.2% |
Summary: Limestone Township 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 increased by 5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Biltmore Forest | $1.4M | $1.8M | +24.3% |
| Fletcher | $392K | $444.9K | +13.5% |
| Avery Creek Township | $570K | $595K | +4.4% |
| Arden | $462K | $457.4K | -1.0% |
| Limestone Township | $500K | $449K | -10.2% |
Housing Supply in Limestone Township, NC
How many homes are available in Limestone Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 92 | +19.5% |
Summary: The Limestone Township real estate market had 92 homes for sale in March 2024, a 19.5% 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 | 7 | 2 | -71.4% |
| 3 Bedrooms | 33 | 40 | +21.2% |
| 4 Bedrooms | 25 | 37 | +48.0% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Limestone Township 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 71.4%, 3 bedroom homes increased by 21.2%, 4 bedroom homes increased by 48%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 21 | +31.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Limestone Township, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Limestone Township in March 2024, up by 31.3% month-over-month. Of the 21 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% were sold over asking.
Days on Market for Limestone Township, NC
How long does it take to sell a home in Limestone Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 61 Days | +48.2% |
Summary: Homes in Limestone Township had an average of 61 days on market in Mar 2024, up by 48.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Limestone Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Limestone Township; 62% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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