Is Lovelady 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, Lovelady Township has remained a Seller's Market.
Housing Prices in Lovelady Township, NC
How much do homes in Lovelady Township, NC cost?
Median Sold Price
$279,900
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lovelady Township was $279,900 in March 2024, up 1.8% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $175K | N/A |
2 Bedrooms | $170K | $126K | -25.9% |
3 Bedrooms | $274.5K | $279.9K | +2.0% |
4 Bedrooms | $492.4K | $534K | +8.4% |
5+ Bedrooms | $570K | $603.7K | +5.9% |
Summary: Lovelady 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 decreased by 25.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
Lovelady Township | $275K | $279.9K | +1.8% |
Granite Falls | $260K | $250K | -3.8% |
Sawmills | $237.5K | $226.5K | -4.6% |
Housing Supply in Lovelady Township, NC
How many homes are available in Lovelady Township, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 61 | -7.6% |
Summary: The Lovelady Township real estate market had 61 homes for sale in March 2024, a 7.6% decrease 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 | 10 | 11 | +10.0% |
3 Bedrooms | 37 | 31 | -16.2% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Lovelady 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 increased by 10%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 11 | -31.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Lovelady Township in March 2024, down by 31.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 9% were sold at asking, and 36% were sold over asking.
Days on Market for Lovelady Township, NC
How long does it take to sell a home in Lovelady Township, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 23 Days | -7.4% |
Summary: Homes in Lovelady Township had an average of 23 days on market in Mar 2024, down by 7.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Lovelady Township; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.