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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Ulla Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Mount Ulla Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Ulla Township, NC

How much do homes in Mount Ulla Township, NC cost?

Median Sold Price

$250,000

$182/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$150,000(-37.5%)

Key Takeaway

Homes in Mount Ulla Township have sold for 37.5% less than they did a month ago.

Summary: The median home sold price in Mount Ulla Township was $250,000 in May 2024, down 37.5% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $400K$250K
-37.5%
4 $90K-
N/A
5+ $825K-
N/A

Summary: Mount Ulla Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 37.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mount Ulla
+61.3%
Mount Ulla Township
-37.5%

Housing Supply in Mount Ulla Township, NC

How many homes are available in Mount Ulla Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1310-23.1%

Summary: The Mount Ulla Township real estate market had 10 homes for sale in May 2024, a 23.1% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 86
-25.0%
4 32
-33.3%
5+ 22
0.0%

Summary: The Mount Ulla 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 decreased by 25%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Ulla Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Mount Ulla Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mount Ulla Township, NC

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

Average Sale Time

Apr 2024May 2024CHANGE
45 Days156 Days+244.0%

Summary: Homes in Mount Ulla Township had an average of 156 days on market in May 2024, up by 244% compared to last month.

Breakdown of Home Sale Times

0 Homes Were 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 Mount Ulla Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 2 homes were sold in Mount Ulla Township; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 1 Day Ago

Newest Listings in Mount Ulla Township, NC

Nearby Markets to Mount Ulla Township, NC

What housing markets are near Mount Ulla Township, NC?