Is Mint Hill, 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, Mint Hill has remained a Seller's Market.
Housing Prices in Mint Hill, NC
How much do homes in Mint Hill, NC cost?
Median Sold Price
$483,875
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mint Hill was $483,875 in May 2024, down 0.5% 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 | $225K | - | N/A |
2 Bedrooms | $365K | $400K | +9.6% |
3 Bedrooms | $406.7K | $408.9K | 0.5% |
4 Bedrooms | $559.9K | $560K | 0.0% |
5+ Bedrooms | $670K | $693.9K | +3.6% |
Summary: Mint Hill 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 9.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 3.6%.
Median Sold Price Compared To Nearby Cities
Matthews | $485K | $530.5K | +9.4% |
Matthews | $484.5K | $525.5K | +8.5% |
Charlotte | $395.2K | $414.4K | +4.9% |
Goose Creek Township | $500K | $500K | 0.0% |
Mint Hill | $486.2K | $483.8K | -0.5% |
Housing Supply in Mint Hill, NC
How many homes are available in Mint Hill, NC?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
123 | 117 | -4.9% |
Summary: The Mint Hill real estate market had 117 homes for sale in May 2024, a 4.9% decrease 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 | 1 | 1 | 0.0% |
3 Bedrooms | 55 | 47 | -14.5% |
4 Bedrooms | 43 | 44 | +2.3% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Mint Hill 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 14.5%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 40 | +2.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in Mint Hill in May 2024, up by 2.6% month-over-month. Of the 40 sold homes, 48% were sold under asking, 28% were sold at asking, and 25% were sold over asking.
Days on Market for Mint Hill, NC
How long does it take to sell a home in Mint Hill, NC?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
37 Days | 25 Days | -31.4% |
Summary: Homes in Mint Hill had an average of 25 days on market in May 2024, down by 31.4% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 40 homes were sold in Mint Hill; 68% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.