Is Iredell County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Iredell County has remained a Seller's Market.
Housing Prices in Iredell County, NC
How much do homes in Iredell County, NC cost?
Median Sold Price
$383,037
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Iredell County was $383,037 in March 2024, up 1.2% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $152.5K | -7.6% |
2 Bedrooms | $220.5K | $225K | +2.0% |
3 Bedrooms | $320K | $334.9K | +4.7% |
4 Bedrooms | $470K | $489.9K | +4.2% |
5+ Bedrooms | $524.9K | $510K | -2.9% |
Summary: Iredell County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Counties
Catawba County | $266.1K | $289.6K | +8.9% |
Davie County | $282.3K | $299.8K | +6.2% |
Rowan County | $268.7K | $277.6K | +3.3% |
Iredell County | $378.3K | $383K | +1.2% |
Alexander County | $264.9K | $263K | -0.7% |
Housing Supply in Iredell County, NC
How many homes are available in Iredell County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,016 | 1,046 | +3.0% |
Summary: The Iredell County real estate market had 1,046 homes for sale in March 2024, a 3.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 80 | 89 | +11.3% |
3 Bedrooms | 465 | 478 | +2.8% |
4 Bedrooms | 310 | 341 | +10.0% |
5+ Bedrooms | 159 | 134 | -15.7% |
Summary: The Iredell County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 15.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
224 | 221 | -1.3% |
Asking Price vs. Sold Price
142 Homes Were Sold
Under Asking
42 Homes Were Sold
At Asking
37 Homes Were Sold
Over Asking
Summary: A total of 221 homes were sold or pending in Iredell County in March 2024, down by 1.3% month-over-month. Of the 221 sold homes, 64% were sold under asking, 19% were sold at asking, and 17% were sold over asking.
Days on Market for Iredell County, NC
How long does it take to sell a home in Iredell County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 54 Days | +3.2% |
Summary: Homes in Iredell County had an average of 54 days on market in Mar 2024, up by 3.2% compared to last year.
Breakdown of Home Sale Times
113 Homes Were Sold
Under 30 Days
63 Homes Were Sold
In 30 - 90 Days
45 Homes Were Sold
Over 90 Days
Summary: During March 2024, 221 homes were sold in Iredell County; 51% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.