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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Corolla is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Corolla has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Corolla, NC

How much do homes in Corolla, NC cost?

Median Sold Price

$530,000

$552/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$170,000(-24.3%)

Key Takeaway

Homes in Corolla have sold for 24.3% less than they did a month ago.

Summary: The median home sold price in Corolla was $530,000 in November 2024, down 24.3% from last month, and the median price per square foot was $552.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $700K$530K
-24.3%
4 --
N/A
5+ --
N/A

Summary: Corolla housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 24.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Corolla, NC

How many homes are available in Corolla, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2426+8.3%

Summary: The Corolla real estate market had 26 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 54
-20.0%
4 89
+12.5%
5+ 911
+22.2%

Summary: The Corolla housing inventory by bedroom type for November 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 20%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Corolla, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Corolla in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Corolla, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
88 Days59 Days-32.4%

Summary: Homes in Corolla had an average of 59 days on market in Nov 2024, down by 32.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Corolla has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Corolla; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

Newest Listings in Corolla, NC

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