Is Mc Adenville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Adenville is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Mc Adenville has remained a Seller's Market.

Key Takeaway

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

How much do homes in Mc Adenville, NC cost?

Median Sold Price

$472,450

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$97,450(+26.0%)

Key Takeaway

Homes in Mc Adenville have sold for 26% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 --
N/A
3 $346K$237.5K
-31.4%
4 $375K$500K
+33.3%
5+ $387.5K$510.5K
+31.7%

Median Sold Price Compared To Nearby Cities

McAdenville
+34.2%
Mc Adenville
+26.0%
Cramerton
+16.3%
South Point Township
+12.5%
Lowell
+10.9%

How many homes are available in Mc Adenville, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
43-25.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 22
0.0%
4 21
-50.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Adenville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Average Sale Time

Sep 2021Sep 2022%
2 Days35 Days+1300.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Mc Adenville, NC

Mc Adenville, NC has 3 homes for sale to choose from. Between August 2022 and September 2022, Mc Adenville, NC real estate market has seen decrease in the number of listings by 25%. While the average time on the market in September 2022 was 35 days, the median list price was $472,450. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went up by 0%, 3 bedrooms properties prices decreased by 31.4%, the cost of 4 bedrooms properties went up by 33.3%, prices of 5 bedrooms properties went up by 31.7%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes did not move, 3 bedrooms homes did not move, 4 bedrooms homes inventory decreased by 50%, the quantity of 5 bedrooms homes have not changed. In September 2022, from all listings sold in Mc Adenville, NC there were more than 0 sold above asking price, over 0 sold below and more than 2 were sold right at the asked price.

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