$3,788 Closing Credit*
$319,000
1,808 SqFt
3 Beds
•2 Full Baths, 1 Partial
Yuliana Mota Flores, Listing Office: eXp Realty, LLC
Is Archdale, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Archdale has remained a Seller's Market.
Key Takeaway
Archdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Archdale, NC
How much do homes in Archdale, NC cost?
Median Sold Price
$251,250
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,250(+4.7%)
Key Takeaway
Homes in Archdale have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in Archdale was $251,250 in October 2024, up 4.7% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $77.5K | N/A |
| 2 Bedrooms | $137.7K | $170K | +23.4% |
| 3 Bedrooms | $246.4K | $270K | +9.6% |
| 4 Bedrooms | $355K | $338.5K | -4.6% |
| 5+ Bedrooms | $419.9K | $485K | +15.5% |
Summary: Archdale housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 15.5%.
Median Sold Price Compared To Nearby Cities
| Archdale | $240K | $251.2K | +4.7% |
| Trinity | $297K | $303.4K | +2.2% |
| High Point Township | $251.9K | $257K | +2.0% |
| Trinity Township | $275K | $274.9K | 0% |
| Jamestown Township | $345.3K | $330.7K | -4.2% |
Housing Supply in Archdale, NC
How many homes are available in Archdale, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 42 | -2.3% |
Summary: The Archdale real estate market had 42 homes for sale in October 2024, a 2.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 15 | 10 | -33.3% |
| 3 Bedrooms | 19 | 23 | +21.1% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Archdale housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Archdale, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Archdale in October 2024, the same as the previous month. Of the 12 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Archdale, NC
How long does it take to sell a home in Archdale, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 21 Days | +10.1% |
Summary: Homes in Archdale had an average of 21 days on market in Oct 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Archdale are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Archdale; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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