$6,947 Closing Credit*
$585,000
1,860 SqFt
6 Beds
•3 Full Baths
Listing Office: Eclat Realty + Co
Is East Flat Rock, 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, East Flat Rock has remained a Seller's Market.
Key Takeaway
East Flat Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Flat Rock, NC
How much do homes in East Flat Rock, NC cost?
Median Sold Price
$348,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,780(+10.4%)
Key Takeaway
Homes in East Flat Rock have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in East Flat Rock was $348,000 in October 2024, up 10.4% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $219K | - | N/A |
| 2 Bedrooms | $280K | $324K | +15.7% |
| 3 Bedrooms | $333.2K | $367.5K | +10.3% |
| 4 Bedrooms | $325K | $318K | -2.2% |
| 5+ Bedrooms | $540.5K | - | N/A |
Summary: East Flat Rock 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 15.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| East Flat Rock | $315.2K | $348K | +10.4% |
| Hendersonville | $419.7K | $441.2K | +5.1% |
| Hendersonville Township | $424.4K | $444.8K | +4.8% |
| Flat Rock | $572.3K | $579K | +1.2% |
| Blue Ridge Township | $429K | $433.1K | +1.0% |
Housing Supply in East Flat Rock, NC
How many homes are available in East Flat Rock, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The East Flat Rock real estate market had 10 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Flat Rock 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 increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Flat Rock, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Flat Rock in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for East Flat Rock, NC
How long does it take to sell a home in East Flat Rock, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 42 Days | +107.3% |
Summary: Homes in East Flat Rock had an average of 42 days on market in Oct 2024, up by 107.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East Flat Rock are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in East Flat Rock; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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