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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ivy Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Ivy Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ivy Township, NC

How much do homes in Ivy Township, NC cost?

Median Sold Price

$417,500

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$80,000(-16.1%)

Key Takeaway

Homes in Ivy Township have sold for 16.1% less than they did a year ago.

Summary: The median home sold price in Ivy Township was $417,500 in April 2024, down 16.1% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $485K-
N/A
2 $530K$319.5K
-39.7%
3 $435K$440K
+1.1%
4 $925K$815K
-11.9%
5+ $775K-
N/A

Summary: Ivy Township 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 39.7%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Flat Creek Township
+10.7%
Ivy Township
-16.1%

Housing Supply in Ivy Township, NC

How many homes are available in Ivy Township, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
11110.0%

Summary: The Ivy Township real estate market had 11 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 77
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Ivy Township 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 decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ivy Township, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Ivy Township in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Ivy Township, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days90 Days+94.6%

Summary: Homes in Ivy Township had an average of 90 days on market in Apr 2024, up by 94.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Ivy Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 3 homes were sold in Ivy Township; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 13 Days Ago

Newest Listings in Ivy Township, NC

Nearby Markets to Ivy Township, NC

What housing markets are near Ivy Township, NC?