Is Limestone Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Limestone Township has remained a Seller's Market.
Housing Prices in Limestone Township, NC
How much do homes in Limestone Township, NC cost?
Median Sold Price
$473,238
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Limestone Township was $473,238 in May 2024, down 5.9% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $302K | N/A |
2 Bedrooms | $290.7K | $322.5K | +10.9% |
3 Bedrooms | $415K | $430K | +3.6% |
4 Bedrooms | $783.8K | $850K | +8.4% |
5+ Bedrooms | $3.1M | $1.4M | -53.7% |
Summary: Limestone Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 53.7%.
Median Sold Price Compared To Nearby Cities
Fletcher | $400K | $450K | +12.5% |
Biltmore Forest | $1.6M | $1.8M | +12.1% |
Avery Creek Township | $570.2K | $589.9K | +3.5% |
Arden | $470.5K | $456.8K | -2.9% |
Limestone Township | $503K | $473.2K | -5.9% |
Housing Supply in Limestone Township, NC
How many homes are available in Limestone Township, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
98 | 124 | +26.5% |
Summary: The Limestone Township real estate market had 124 homes for sale in May 2024, a 26.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 43 | 58 | +34.9% |
4 Bedrooms | 37 | 47 | +27.0% |
5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Limestone Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 34.9%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 23 | +64.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Limestone Township in May 2024, up by 64.3% month-over-month. Of the 23 sold homes, 39% were sold under asking, 17% were sold at asking, and 43% were sold over asking.
Days on Market for Limestone Township, NC
How long does it take to sell a home in Limestone Township, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
42 Days | 29 Days | -31.7% |
Summary: Homes in Limestone Township had an average of 29 days on market in May 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Limestone Township; 87% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.