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

Housing Market Conditions



Gauge showing Vale is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Vale, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Vale have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Vale was $243,000 in August 2023, up 10.5% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 -$120K
2 $155K$202.5K
3 $242.5K$250K
4 $237.5K$361.2K
5+ $585K$150K

Summary: Vale housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.6%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 52.1%, and 5+ bedroom homes decreased by 74.4%.

Median Sold Price Compared To Nearby Cities

Bandy's Township
Howards Creek Township
Jacobs Fork Township

Housing Supply

How many homes are available in Vale, NC?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Vale real estate market had 37 homes for sale in August 2023, a 7.5% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 10
2 45
3 2826
4 65
5+ 11

Summary: The Vale housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vale, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Vale in August 2023, down by 18.2% month-over-month. Of the 9 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market

How long does it take to sell a home in Vale, NC?

Average Sale Time

Aug 2022Aug 2023CHANGE
9 Days46 Days+375.1%

Summary: Homes in Vale had an average of 46 days on market in Aug 2023, up by 375.1% compared to last year.

Breakdown of Home Sale Times

6 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 Vale are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 9 homes were sold in Vale; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

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

Report Updated 25 Days Ago

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Nearby Markets

What housing markets are near Vale, NC?