Is Richfield, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Richfield was a Buyer's Market.
Housing Prices in Richfield, NC
How much do homes in Richfield, NC cost?
Median Sold Price
$180,000
$162/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Richfield was $180,000 in April 2024, down 44.6% from last month, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $125K | N/A |
3 Bedrooms | $325K | $232.7K | -28.4% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $710K | N/A |
Summary: Richfield housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 28.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Richfield, NC
How many homes are available in Richfield, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 18 | +20.0% |
Summary: The Richfield real estate market had 18 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 8 | 10 | +25.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Richfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Richfield in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Richfield, NC
How long does it take to sell a home in Richfield, NC?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 40 Days | +570.8% |
Summary: Homes in Richfield had an average of 40 days on market in Apr 2024, up by 570.8% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Richfield; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.