Is Mint Hill, 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, Mint Hill has remained a Seller's Market.
Housing Prices in Mint Hill, NC
How much do homes in Mint Hill, NC cost?
Median Sold Price
$489,875
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Mint Hill was $489,875 in March 2024, up 2.2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $347K | $400K | +15.3% |
3 Bedrooms | $410K | $418.3K | +2.0% |
4 Bedrooms | $545K | $537.2K | -1.4% |
5+ Bedrooms | $700K | $643K | -8.1% |
Summary: Mint Hill 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 15.3%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
Matthews | $465K | $528.7K | +13.7% |
Matthews | $476.9K | $520.5K | +9.1% |
Goose Creek Township | $485K | $516.5K | +6.5% |
Charlotte | $394.7K | $409.4K | +3.7% |
Mint Hill | $479.1K | $489.8K | +2.2% |
Housing Supply in Mint Hill, NC
How many homes are available in Mint Hill, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
129 | 126 | -2.3% |
Summary: The Mint Hill real estate market had 126 homes for sale in March 2024, a 2.3% 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 | 2 | 2 | 0.0% |
3 Bedrooms | 62 | 62 | 0.0% |
4 Bedrooms | 42 | 36 | -14.3% |
5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The Mint Hill 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 40 | +17.6% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Mint Hill in March 2024, up by 17.6% month-over-month. Of the 40 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.
Days on Market for Mint Hill, NC
How long does it take to sell a home in Mint Hill, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
73 Days | 27 Days | -61.8% |
Summary: Homes in Mint Hill had an average of 27 days on market in Mar 2024, down by 61.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 40 homes were sold in Mint Hill; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.