$4,156 Closing Credit*
$349,990
1,370 SqFt
2 Beds
•2 Full Baths, 1 Partial
Listing Office: NVR Homes, Inc./Ryan Homes
Is Elizabeth, 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, Elizabeth was a Seller's Market.
Key Takeaway
Elizabeth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elizabeth, NC
How much do homes in Elizabeth, NC cost?
Median Sold Price
$815,000
$359/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,651(+2.1%)
Key Takeaway
Homes in Elizabeth have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Elizabeth was $815,000 in October 2024, up 2.1% from last year, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $295K | $335K | +13.6% |
| 2 Bedrooms | $326K | $337.5K | +3.5% |
| 3 Bedrooms | $825K | $879.3K | +6.6% |
| 4 Bedrooms | $963.8K | $1.0M | +5.2% |
| 5+ Bedrooms | $1.2M | $1.0M | -13.6% |
Summary: Elizabeth housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Elizabeth | $798.3K | $815K | +2.1% |
| Commonwealth-Morning Side | $464.9K | $455.4K | -2.0% |
| Belmont | $737.5K | $655K | -11.2% |
| Chantilly | $1.1M | $775K | -33.2% |
Housing Supply in Elizabeth, NC
How many homes are available in Elizabeth, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 30 | -3.2% |
Summary: The Elizabeth real estate market had 30 homes for sale in October 2024, a 3.2% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Elizabeth 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 14.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabeth, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Elizabeth in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Elizabeth, NC
How long does it take to sell a home in Elizabeth, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 8 Days | +150.0% |
Summary: Homes in Elizabeth had an average of 8 days on market in Oct 2024, up by 150% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elizabeth are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Elizabeth; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.