Is Mint Hill, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mint Hill is a seller's market

Buyer's
Market

Difference Since September 2021

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

Key Takeaway

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

How much do homes in Mint Hill, NC cost?

Median Sold Price

$445,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$74,600(+20.1%)

Key Takeaway

Homes in Mint Hill have sold for 20.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 -$225K
N/A
2 $187.5K$279K
+48.8%
3 $325.3K$375.6K
+15.5%
4 $428K$525K
+22.7%
5+ $507.5K$670K
+32.0%

Median Sold Price Compared To Nearby Cities

Goose Creek Township
+32.9%
Mint Hill
+20.1%
Matthews
+19.2%
Matthews
+17.7%
Charlotte
+17.2%

How many homes are available in Mint Hill, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
132133+0.8%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 11
0.0%
2 79
+28.6%
3 7174
+4.2%
4 4035
-12.5%
5+ 1314
+7.7%

Number of Homes Sold

Aug 2022Sep 2022%
3541+17.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mint Hill, you could pay more than the asking price. 43.9% of homes here sold above asking price last month.

Average Sale Time

Sep 2021Sep 2022%
8 Days11 Days+29.8%

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mint Hill 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 Mint Hill, NC

Number of homes for sale in Mint Hill, NC real estate market have reached 133. The inventory of homes for sale in Mint Hill, NC between August 2022 and September 2022 increased by 0.8%. In September 2022 median list price was $445,500 and the average listing age was 11 days. Listing prices have changed in this real estate market between August 2022 and September 2022: prices of 1 bedroom properties increased by 0%, 2 bedrooms properties became 48.8% more expensive, 3 bedrooms properties prices increased by 15.5%, 4 bedrooms properties prices increased by 22.7%, the cost of 5 bedrooms properties went up by 32%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 28.6%, volume of 3 bedrooms homes went up by 4.2%, 4 bedrooms homes inventory decreased by 12.5%, 5 bedrooms homes became 7.7% more available. In September 2022 more than 18 listings in Mint Hill, NC were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 14 were sold below.

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