Is Locust, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Locust has remained a Seller's Market.
How much do homes in Locust, NC cost?
Median Sold Price
$377,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Median Sold Price By Bedroom Count
# BEDS | May 2022 | May 2023 | % |
---|---|---|---|
1 Bedroom | $80K | $135K | +68.8% |
2 Bedrooms | $238.5K | $264.5K | +10.9% |
3 Bedrooms | $344K | $360K | +4.7% |
4 Bedrooms | $369K | $425K | +15.2% |
5+ Bedrooms | $470K | $506.5K | +7.8% |
Median Sold Price Compared To Nearby Cities
Stanfield | $253.5K | $394K | +55.4% |
Midland | $346.8K | $388K | +11.9% |
Furr Township | $326.5K | $365K | +11.8% |
Locust | $346.5K | $377K | +8.8% |
How many homes are available in Locust, NC?
Number of Homes For Sale
Apr 2023 | May 2023 | % |
---|---|---|
77 | 70 | -9.1% |
Homes For Sale By Bedroom Count
# BEDS | Apr 2023 | May 2023 | % |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 31 | 25 | -19.4% |
4 Bedrooms | 25 | 23 | -8.0% |
5+ Bedrooms | 19 | 19 | 0.0% |
Number of Homes Sold
Apr 2023 | May 2023 | % |
---|---|---|
18 | 16 | -11.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
How long does it take to sell a home in Locust, NC?
How long does it take to sell a home in Locust, NC?
Average Sale Time
May 2022 | May 2023 | % |
---|---|---|
10 Days | 81 Days | +673.8% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days