Is Long View, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Long View is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Long View was a Seller's Market.

Key Takeaway

Long View is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Long View, NC

How much do homes in Long View, NC cost?

Median Sold Price

$190,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,000(+11.8%)

Key Takeaway

Homes in Long View have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Long View was $190,000 in March 2024, up 11.8% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $65K-
N/A
2 $142K$155.9K
+9.8%
3 $189.9K$253K
+33.2%
4 $219K$191.5K
-12.6%
5+ $67K-
N/A

Summary: Long View 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 9.8%, 3 bedroom homes increased by 33.2%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hickory Township
+16.7%
Hickory
+11.9%
Long View
+11.8%
Icard Township
+8.1%

Housing Supply in Long View, NC

How many homes are available in Long View, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3128-9.7%

Summary: The Long View real estate market had 28 homes for sale in March 2024, a 9.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 98
-11.1%
3 1615
-6.3%
4 32
-33.3%
5+ 22
0.0%

Summary: The Long View 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 11.1%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Long View, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Long View in March 2024, down by 50.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Long View, NC

How long does it take to sell a home in Long View, NC?

Average Sale Time

Mar 2023Mar 2024CHANGE
26 Days14 Days-46.7%

Summary: Homes in Long View had an average of 14 days on market in Mar 2024, down by 46.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in Long View; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Long View, NC

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