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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yanceyville is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Yanceyville was a Neutral Market.

Key Takeaway

Yanceyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Yanceyville, NC

How much do homes in Yanceyville, NC cost?

Median Sold Price

$245,000

$118/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$38,000(+18.4%)

Key Takeaway

Homes in Yanceyville have sold for 18.4% more than they did a month ago.

Summary: The median home sold price in Yanceyville was $245,000 in March 2024, up 18.4% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $207K$245K
+18.4%
4 --
N/A
5+ --
N/A

Summary: Yanceyville housing prices by bedroom type for March 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 increased by 18.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Yanceyville
+18.4%
Yanceyville Township
+18.4%
Blanch
+5.1%

Housing Supply in Yanceyville, NC

How many homes are available in Yanceyville, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1211-8.3%

Summary: The Yanceyville real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 87
-12.5%
4 01
+100.0%
5+ 10
-100.0%

Summary: The Yanceyville 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 remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yanceyville, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Yanceyville in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Yanceyville, NC

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

Average Sale Time

Feb 2024Mar 2024CHANGE
273 Days2 Days-99.3%

Summary: Homes in Yanceyville had an average of 2 days on market in Mar 2024, down by 99.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yanceyville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Yanceyville; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Yanceyville, NC

Nearby Markets to Yanceyville, NC