Is Mint Hill, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$490,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Mint Hill was $490,000 in June 2024, up 1.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | - | N/A |
2 Bedrooms | $365K | $434.3K | +19.0% |
3 Bedrooms | $404.3K | $420K | +3.9% |
4 Bedrooms | $566K | $560K | -1.1% |
5+ Bedrooms | $670K | $693.9K | +3.6% |
Summary: Mint Hill housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 3.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Matthews | $490.7K | $530.1K | +8.0% |
Matthews | $487.3K | $525.2K | +7.8% |
Charlotte | $395.4K | $415K | +4.9% |
Goose Creek Township | $495.5K | $507K | +2.3% |
Mint Hill | $484.8K | $490K | +1.1% |
Housing Supply in Mint Hill, NC
How many homes are available in Mint Hill, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
119 | 114 | -4.2% |
Summary: The Mint Hill real estate market had 114 homes for sale in June 2024, a 4.2% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 48 | 45 | -6.3% |
4 Bedrooms | 46 | 42 | -8.7% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Mint Hill housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
41 | 27 | -34.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Mint Hill in June 2024, down by 34.1% month-over-month. Of the 27 sold homes, 41% were sold under asking, 37% were sold at asking, and 22% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
26 Days | 20 Days | -20.3% |
Summary: Homes in Mint Hill had an average of 20 days on market in Jun 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 27 homes were sold in Mint Hill; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.