Is Alamance County, 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, Alamance County has remained a Seller's Market.
Key Takeaway
Alamance County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alamance County, NC
How much do homes in Alamance County, NC cost?
Median Sold Price
$315,386
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Alamance County have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Alamance County was $315,386 in April 2024, down 1.2% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $107.5K | -17.3% |
| 2 Bedrooms | $167.5K | $180K | +7.5% |
| 3 Bedrooms | $295K | $299.9K | +1.7% |
| 4 Bedrooms | $395.3K | $379K | -4.1% |
| 5+ Bedrooms | $449.9K | $441.5K | -1.9% |
Summary: Alamance County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.3%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Counties
| Caswell County | $210K | $250K | +19.0% |
| Orange County | $560.2K | $600.2K | +7.1% |
| Chatham County | $514.4K | $539.2K | +4.8% |
| Guilford County | $283.7K | $290K | +2.2% |
| Alamance County | $319.3K | $315.3K | -1.2% |
Housing Supply in Alamance County, NC
How many homes are available in Alamance County, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 739 | 706 | -4.5% |
Summary: The Alamance County real estate market had 706 homes for sale in April 2024, a 4.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 102 | 97 | -4.9% |
| 3 Bedrooms | 421 | 378 | -10.2% |
| 4 Bedrooms | 167 | 178 | +6.6% |
| 5+ Bedrooms | 43 | 48 | +11.6% |
Summary: The Alamance County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 11.6%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 200 | 185 | -7.5% |
Asking Price vs. Sold Price
83 Homes Were Sold
Under Asking
53 Homes Were Sold
At Asking
49 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alamance County, you may be able to get a good deal. 44.9% of homes here sold below asking price last month.
Summary: A total of 185 homes were sold or pending in Alamance County in April 2024, down by 7.5% month-over-month. Of the 185 sold homes, 45% were sold under asking, 29% were sold at asking, and 26% were sold over asking.
Days on Market for Alamance County, NC
How long does it take to sell a home in Alamance County, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 54 Days | 40 Days | -26.5% |
Summary: Homes in Alamance County had an average of 40 days on market in Apr 2024, down by 26.5% compared to last year.
Breakdown of Home Sale Times
121 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alamance County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 185 homes were sold in Alamance County; 65% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. 
Listings courtesy of Canopy MLS as distributed by MLS GRID.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.