Is Mount Ulla Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Ulla Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mount Ulla Township was a Neutral Market.

Key Takeaway

Mount Ulla Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mount Ulla Township, NC

How much do homes in Mount Ulla Township, NC cost?

Median Sold Price

$615,000

$268/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$225,000(+57.7%)

Key Takeaway

Homes in Mount Ulla Township have sold for 57.7% more than they did a month ago.

Summary: The median home sold price in Mount Ulla Township was $615,000 in March 2024, up 57.7% from last month, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $348K$615K
+76.7%
4 $1.0M$826K
-21.3%
5+ --
N/A

Summary: Mount Ulla Township 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 76.7%, 4 bedroom homes decreased by 21.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Ulla Township
+57.7%
Mount Ulla
+57.7%

Housing Supply in Mount Ulla Township, NC

How many homes are available in Mount Ulla Township, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1916-15.8%

Summary: The Mount Ulla Township real estate market had 16 homes for sale in March 2024, a 15.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1311
-15.4%
4 54
-20.0%
5+ 11
0.0%

Summary: The Mount Ulla Township 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 15.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

5 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 Mount Ulla Township, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Mount Ulla Township in March 2024, up by 100.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Mount Ulla Township, NC

How long does it take to sell a home in Mount Ulla Township, NC?

Average Sale Time

Feb 2024Mar 2024CHANGE
2 Days44 Days+1575.0%

Summary: Homes in Mount Ulla Township had an average of 44 days on market in Mar 2024, up by 1575% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 6 homes were sold in Mount Ulla Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 27 Days Ago

Newest Listings in Mount Ulla Township, NC

Nearby Markets to Mount Ulla Township, NC

What housing markets are near Mount Ulla Township, NC?