Is Glen Alpine, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Glen Alpine was a Seller's Market.
Key Takeaway
Glen Alpine is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Glen Alpine, NC
How much do homes in Glen Alpine, NC cost?
Median Sold Price
$270,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glen Alpine have sold for 5.3% less than they did a year ago.
Summary: The median home sold price in Glen Alpine was $270,000 in April 2024, down 5.3% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $197.5K | N/A |
| 2 Bedrooms | $56K | $331K | +491.1% |
| 3 Bedrooms | $292.5K | $285K | -2.6% |
| 4 Bedrooms | $249.9K | $250K | 0.0% |
| 5+ Bedrooms | $450K | - | N/A |
Summary: Glen Alpine housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 491.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Quaker Meadows Township | $280K | $320K | +14.3% |
| Morganton | $251K | $268.2K | +6.9% |
| Linville Township | $830K | $862.5K | +3.9% |
| Silver Creek Township | $249.9K | $245K | -2.0% |
| Glen Alpine | $285K | $270K | -5.3% |
Housing Supply in Glen Alpine, NC
How many homes are available in Glen Alpine, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 9 | +28.6% |
Summary: The Glen Alpine real estate market had 9 homes for sale in April 2024, a 28.6% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 7 | +75.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Glen Alpine 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 75%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Alpine, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Glen Alpine in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Glen Alpine, NC
How long does it take to sell a home in Glen Alpine, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 10 Days | -37.5% |
Summary: Homes in Glen Alpine had an average of 10 days on market in Apr 2024, down by 37.5% compared to last year.
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
Key Takeaway
Many homes in Glen Alpine are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 1 homes were sold in Glen Alpine; 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.
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