Is McAdenville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McAdenville is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in McAdenville, NC cost?

Median Sold Price

$490,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$125,000(+34.2%)

Key Takeaway

Homes in McAdenville have sold for 34.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 --
N/A
2 --
N/A
3 $329.9K$265K
-19.7%
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 McAdenville, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
32-33.3%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 21
-50.0%
5+ 00
0.0%

Number of Homes Sold

Aug 2022Sep 2022%
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McAdenville, 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 Days68 Days+2620.0%

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in McAdenville has remained consistent over time.

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

About McAdenville, NC

McAdenville, NC has 2 homes for sale to choose from. Between August 2022 and September 2022, McAdenville, NC real estate market has seen decrease in the number of listings by 33.3%. Listings spent 68 days on the market in September 2022, and had a median list price of $490,000 during the same period. Real estate listing prices changed between August 2022 and September 2022: the cost of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 19.7% more cheaper, 4 bedrooms properties prices increased by 33.3%, prices of 5 bedrooms properties increased by 31.7%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory did not change, volume of 3 bedrooms homes stayed the same, the quantity of 4 bedrooms homes went down by 50%, 5 bedrooms homes did not move. In September 2022, from all listings sold in McAdenville, NC there were more than 0 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price.