Is Ironton 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, Ironton Township has remained a Seller's Market.
Key Takeaway
Ironton Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ironton Township, NC
How much do homes in Ironton Township, NC cost?
Median Sold Price
$340,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ironton Township have sold for 3% more than they did a year ago.
Summary: The median home sold price in Ironton Township was $340,000 in May 2024, up 3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $138K | N/A |
| 2 Bedrooms | $247K | $241.4K | -2.2% |
| 3 Bedrooms | $314.5K | $330K | +4.9% |
| 4 Bedrooms | $537.5K | $639K | +18.9% |
| 5+ Bedrooms | $592.5K | $547.5K | -7.6% |
Summary: Ironton 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 decreased by 2.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Lincolnton Township | $262.5K | $300K | +14.3% |
| Lincolnton | $268.7K | $300.1K | +11.7% |
| Ironton Township | $330K | $340K | +3.0% |
| Iron Station | $432.1K | $422.5K | -2.2% |
Housing Supply in Ironton Township, NC
How many homes are available in Ironton Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 63 | 65 | +3.2% |
Summary: The Ironton Township real estate market had 65 homes for sale in May 2024, a 3.2% 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 | 7 | 7 | 0.0% |
| 3 Bedrooms | 45 | 47 | +4.4% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Ironton 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 remained the same, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ironton Township, you may be able to get a good deal. 64.7% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Ironton Township in May 2024, up by 41.7% month-over-month. Of the 17 sold homes, 65% were sold under asking, 12% were sold at asking, and 24% were sold over asking.
Days on Market for Ironton Township, NC
How long does it take to sell a home in Ironton Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 45 Days | 16 Days | -63.1% |
Summary: Homes in Ironton Township had an average of 16 days on market in May 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ironton Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 17 homes were sold in Ironton Township; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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