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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Candler is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Candler, NC

How much do homes in Candler, NC cost?

Median Sold Price

$406,625

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$18,375(-4.3%)

Key Takeaway

Homes in Candler have sold for 4.3% less than they did a year ago.

Summary: The median home sold price in Candler was $406,625 in December 2024, down 4.3% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $202K$222.5K
+10.1%
2 $305K$286K
-6.2%
3 $413.9K$410.7K
-0.8%
4 $525K$537.5K
+2.4%
5+ $724K$969.7K
+33.9%

Summary: Candler housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 6.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 33.9%.

Median Sold Price Compared To Nearby Cities

Beaverdam Township
+7.7%
Lower Hominy Township
+5.4%
Upper Hominy Township
+2.6%
Candler
-4.3%
Avery Creek Township
-5.1%

Housing Supply in Candler, NC

How many homes are available in Candler, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
124117-5.6%

Summary: The Candler real estate market had 117 homes for sale in December 2024, a 5.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 1211
-8.3%
3 8580
-5.9%
4 1716
-5.9%
5+ 77
0.0%

Summary: The Candler housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2224+9.1%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 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. 70.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Candler in December 2024, up by 9.1% month-over-month. Of the 24 sold homes, 71% were sold under asking, 17% were sold at asking, and 13% 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

Dec 2023Dec 2024CHANGE
37 Days66 Days+79.2%

Summary: Homes in Candler had an average of 66 days on market in Dec 2024, up by 79.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 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 December 2024, 24 homes were sold in Candler; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 4 Days Ago

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