Is Granite Quarry, 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, Granite Quarry was a Seller's Market.
Key Takeaway
Granite Quarry is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Granite Quarry, NC
How much do homes in Granite Quarry, NC cost?
Median Sold Price
$296,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Granite Quarry have sold for 14.6% less than they did a year ago.
Summary: The median home sold price in Granite Quarry was $296,000 in April 2024, down 14.6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $202K | $215K | +6.4% |
| 3 Bedrooms | $301.5K | $289.9K | -3.8% |
| 4 Bedrooms | $399.5K | $359.9K | -9.9% |
| 5+ Bedrooms | $395K | $437.9K | +10.9% |
Summary: Granite Quarry 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 6.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes increased by 10.9%.
Median Sold Price Compared To Nearby Cities
| Providence Township | $320K | $363.5K | +13.6% |
| Salisbury | $250K | $274.9K | +10.0% |
| Gold Hill Township | $299.9K | $270K | -10.0% |
| Granite Quarry | $346.7K | $296K | -14.6% |
Housing Supply in Granite Quarry, NC
How many homes are available in Granite Quarry, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Granite Quarry real estate market had 12 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Granite Quarry housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granite Quarry, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Granite Quarry in April 2024, down by 66.7% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Granite Quarry, NC
How long does it take to sell a home in Granite Quarry, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 16 Days | 111 Days | +582.7% |
Summary: Homes in Granite Quarry had an average of 111 days on market in Apr 2024, up by 582.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Granite Quarry are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Granite Quarry; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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