Is Lewisville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewisville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Lewisville, NC

How much do homes in Lewisville, NC cost?

Median Sold Price

$420,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$30,000(+7.7%)

Key Takeaway

Homes in Lewisville have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Lewisville was $420,000 in May 2024, up 7.7% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $97K$117.5K
+21.1%
2 $169K$202.5K
+19.8%
3 $329K$325K
-1.2%
4 $527K$570.5K
+8.2%
5+ $649.9K$804K
+23.7%

Summary: Lewisville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 19.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 23.7%.

Median Sold Price Compared To Nearby Cities

Lewisville
+7.7%
Lewisville Township
+2.8%
Clemmons
+2.1%
Pfafftown
+1.5%
Vienna Township
0.0%

Housing Supply in Lewisville, NC

How many homes are available in Lewisville, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
89102+14.6%

Summary: The Lewisville real estate market had 102 homes for sale in May 2024, a 14.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 44
0.0%
3 3942
+7.7%
4 3343
+30.3%
5+ 1212
0.0%

Summary: The Lewisville 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 7.7%, 4 bedroom homes increased by 30.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1220+66.7%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewisville, you could pay more than the asking price. 45% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in Lewisville in May 2024, up by 66.7% month-over-month. Of the 20 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.

Days on Market for Lewisville, NC

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

Average Sale Time

May 2023May 2024CHANGE
14 Days16 Days+16.6%

Summary: Homes in Lewisville had an average of 16 days on market in May 2024, up by 16.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lewisville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 20 homes were sold in Lewisville; 70% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 0% 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

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