Is Iron Station, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Iron Station has remained a Seller's Market.
Housing Prices in Iron Station, NC
How much do homes in Iron Station, NC cost?
Median Sold Price
$430,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Iron Station was $430,000 in April 2024, up 2.9% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $427.8K | $192.7K | -54.9% |
3 Bedrooms | $349.5K | $344.9K | -1.3% |
4 Bedrooms | $463.5K | $565K | +21.9% |
5+ Bedrooms | $584K | $495K | -15.2% |
Summary: Iron Station 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 decreased by 54.9%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 21.9%, and 5+ bedroom homes decreased by 15.2%.
Median Sold Price Compared To Nearby Cities
Ironton Township | $324.9K | $335K | +3.1% |
Iron Station | $417.8K | $430K | +2.9% |
Catawba Springs Township | $495K | $489.6K | -1.1% |
Denver | $487.4K | $474.9K | -2.6% |
Housing Supply in Iron Station, NC
How many homes are available in Iron Station, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 23 | -4.2% |
Summary: The Iron Station real estate market had 23 homes for sale in April 2024, a 4.2% decrease 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 | 2 | +100.0% |
3 Bedrooms | 17 | 14 | -17.6% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Iron Station 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 increased by 100%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Iron Station in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Iron Station, NC
How long does it take to sell a home in Iron Station, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
74 Days | 31 Days | -57.6% |
Summary: Homes in Iron Station had an average of 31 days on market in Apr 2024, down by 57.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Iron Station; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.