Is Alleghany County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Alleghany County was a Neutral Market.
Housing Prices in Alleghany County, NC
How much do homes in Alleghany County, NC cost?
Median Sold Price
$289,000
$139/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Alleghany County was $289,000 in April 2024, up 14% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $335K | $329K | -1.8% |
3 Bedrooms | $180K | $233.5K | +29.7% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Alleghany County housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 29.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Alleghany County | $253.5K | $289K | +14.0% |
Ashe County | $538K | $520K | -3.3% |
Housing Supply in Alleghany County, NC
How many homes are available in Alleghany County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 34 | +36.0% |
Summary: The Alleghany County real estate market had 34 homes for sale in April 2024, a 36.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 13 | 16 | +23.1% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Alleghany County 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 42.9%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Alleghany County in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Alleghany County, NC
How long does it take to sell a home in Alleghany County, NC?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 Days | 26 Days | -74.1% |
Summary: Homes in Alleghany County had an average of 26 days on market in Apr 2024, down by 74.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Alleghany County; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.