$4,648 Closing Credit*
$391,385
2,845 SqFt
4 Beds
•2 Full Baths, 1 Partial
Jim B Coppola, Listing Office: SDH Raleigh LLC
Is Elevation Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Elevation Township was a Seller's Market.
Key Takeaway
Elevation Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Elevation Township, NC
How much do homes in Elevation Township, NC cost?
Median Sold Price
$365,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+9.0%)
Key Takeaway
Homes in Elevation Township have sold for 9% more than they did a year ago.
Summary: The median home sold price in Elevation Township was $365,000 in October 2024, up 9% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $140K | $340K | +142.9% |
| 3 Bedrooms | $315K | $350K | +11.1% |
| 4 Bedrooms | $418K | $444.9K | +6.4% |
| 5+ Bedrooms | - | $275K | N/A |
Summary: Elevation Township 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 142.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Elevation Township | $335K | $365K | +9.0% |
| Grove Township | $270K | $285K | +5.6% |
| Pleasant Grove Township | $385K | $375K | -2.6% |
| Cleveland Township | $412.5K | $400K | -3.0% |
| Banner Township | $326K | $314.9K | -3.4% |
Housing Supply in Elevation Township, NC
How many homes are available in Elevation Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 79 | -2.5% |
Summary: The Elevation Township real estate market had 79 homes for sale in October 2024, a 2.5% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 52 | 53 | +1.9% |
| 4 Bedrooms | 28 | 25 | -10.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Elevation Township 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 remained the same, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 10.7%, 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
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elevation Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 12 homes were sold or pending in Elevation Township in October 2024, the same as the previous month. Of the 12 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Elevation Township, NC
How long does it take to sell a home in Elevation Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 44 Days | -48.2% |
Summary: Homes in Elevation Township had an average of 44 days on market in Oct 2024, down by 48.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elevation Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Elevation Township; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. 
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
The data relating to real estate for sale on this web site comes in part from the Longleaf Pine REALTORS®, Inc. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor Longleaf Pine REALTORS®, Inc. shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless. Copyright 2024 Longleaf Pine REALTORS®, Inc. All rights reserved.