$3,088 Closing Credit*
$260,000
1,383 SqFt
3 Beds
•2 Full Baths
#100476310, Listing Office: FAB Real Estate Services
Is Elizabethtown, 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, Elizabethtown was a Seller's Market.
Key Takeaway
Elizabethtown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Elizabethtown, NC
How much do homes in Elizabethtown, NC cost?
Median Sold Price
$205,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$20,000(-8.9%)
Key Takeaway
Homes in Elizabethtown have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in Elizabethtown was $205,000 in October 2024, down 8.9% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $55K | $123K | +123.6% |
| 2 Bedrooms | $150K | $141.9K | -5.4% |
| 3 Bedrooms | $225.9K | $215K | -4.8% |
| 4 Bedrooms | $291K | $205K | -29.6% |
| 5+ Bedrooms | $320K | $420K | +31.3% |
Summary: Elizabethtown housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 123.6%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 29.6%, and 5+ bedroom homes increased by 31.3%.
Median Sold Price Compared To Nearby Cities
| Elizabethtown | $225K | $205K | -8.9% |
| Elizabethtown Township | $225K | $205K | -8.9% |
Housing Supply in Elizabethtown, NC
How many homes are available in Elizabethtown, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 78 | +18.2% |
Summary: The Elizabethtown real estate market had 78 homes for sale in October 2024, a 18.2% increase 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 36 | 45 | +25.0% |
| 4 Bedrooms | 20 | 22 | +10.0% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Elizabethtown 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 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Elizabethtown, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Elizabethtown in October 2024, up by 100.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Elizabethtown, NC
How long does it take to sell a home in Elizabethtown, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 48 Days | +83.9% |
Summary: Homes in Elizabethtown had an average of 48 days on market in Oct 2024, up by 83.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Elizabethtown are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Elizabethtown; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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