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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Candler is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Candler was a Seller's Market.

Key Takeaway

Candler is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Candler, NC

How much do homes in Candler, NC cost?

Median Sold Price

$410,163

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,836(-2.3%)

Key Takeaway

Homes in Candler have sold for 2.3% less than they did a year ago.

Summary: The median home sold price in Candler was $410,163 in November 2024, down 2.3% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $214.2K$213.5K
-0.4%
2 $300K$290K
-3.3%
3 $411.5K$413.4K
0.5%
4 $540.5K$630K
+16.6%
5+ $659.5K$1.1M
+74.6%

Summary: Candler housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes increased by 74.6%.

Median Sold Price Compared To Nearby Cities

Beaverdam Township
+5.6%
Upper Hominy Township
+3.8%
Lower Hominy Township
+2.8%
Candler
-2.3%
Avery Creek Township
-5.2%

Housing Supply in Candler, NC

How many homes are available in Candler, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
135131-3.0%

Summary: The Candler real estate market had 131 homes for sale in November 2024, a 3.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 1815
-16.7%
3 9488
-6.4%
4 1517
+13.3%
5+ 78
+14.3%

Summary: The Candler housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2718-33.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Candler, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Candler in November 2024, down by 33.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.

Days on Market for Candler, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days41 Days+30.6%

Summary: Homes in Candler had an average of 41 days on market in Nov 2024, up by 30.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 18 homes were sold in Candler; 56% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% 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 2 Days Ago

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