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 seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Long View has remained a Seller's Market.

Key Takeaway

Long View is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Long View, NC

How much do homes in Long View, NC cost?

Median Sold Price

$195,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$30,000(+18.2%)

Key Takeaway

Homes in Long View have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in Long View was $195,000 in February 2024, up 18.2% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $65K-
N/A
2 $142.4K$152K
+6.7%
3 $189.9K$254K
+33.7%
4 $170K$200K
+17.6%
5+ $67K$195K
+191.0%

Summary: Long View housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 33.7%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 191%.

Median Sold Price Compared To Nearby Cities

Long View
+18.2%
Hickory Township
+17.0%
Hickory
+13.1%
Icard Township
+6.7%

Housing Supply in Long View, NC

How many homes are available in Long View, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
3130-3.2%

Summary: The Long View real estate market had 30 homes for sale in February 2024, a 3.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 139
-30.8%
3 1415
+7.1%
4 23
+50.0%
5+ 22
0.0%

Summary: The Long View housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 30.8%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

5 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Long View in February 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% 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

Feb 2023Feb 2024CHANGE
19 Days63 Days+225.9%

Summary: Homes in Long View had an average of 63 days on market in Feb 2024, up by 225.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Long View has remained consistent over time.

Summary: During February 2024, 6 homes were sold in Long View; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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 27 Days Ago

Newest Listings in Long View, NC

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