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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vass is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Vass, NC

How much do homes in Vass, NC cost?

Median Sold Price

$372,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,100(+0.6%)

Key Takeaway

Homes in Vass have sold for 0.6% more than they did a year ago.

Summary: The median home sold price in Vass was $372,000 in March 2024, up 0.6% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$435K
N/A
2 $177.1K$190K
+7.3%
3 $350K$307.5K
-12.1%
4 $375.5K$403K
+7.3%
5+ $425K$490K
+15.3%

Summary: Vass 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 7.3%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Cities

Cameron
+5.0%
Vass
+0.6%
Vass
0.3%

Housing Supply in Vass, NC

How many homes are available in Vass, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5052+4.0%

Summary: The Vass real estate market had 52 homes for sale in March 2024, a 4.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2319
-17.4%
4 1928
+47.4%
5+ 64
-33.3%

Summary: The Vass 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 decreased by 50%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vass, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Vass in March 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 64% were sold at asking, and 9% were sold over asking.

Days on Market for Vass, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
108 Days108 Days+0.5%

Summary: Homes in Vass had an average of 108 days on market in Mar 2024, up by 0.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Vass are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 11 homes were sold in Vass; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% 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 24 Days Ago

Newest Listings in Vass, NC

Nearby Markets to Vass, NC

What housing markets are near Vass, NC?