$3,086 Closing Credit*
$259,900
1,863 SqFt
3 Beds
•2 Full Baths
Listing Office: RE/MAX Journey
Is Ellenboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Ellenboro was a Seller's Market.
Key Takeaway
Ellenboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ellenboro, NC
How much do homes in Ellenboro, NC cost?
Median Sold Price
$210,000
$133/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$2,000(-0.9%)
Key Takeaway
Homes in Ellenboro have sold for 0.9% less than they did a month ago.
Summary: The median home sold price in Ellenboro was $210,000 in November 2024, down 0.9% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $83K | - | N/A |
| 2 Bedrooms | - | $145K | N/A |
| 3 Bedrooms | $250K | $227.5K | -9.0% |
| 4 Bedrooms | $212K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Ellenboro 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 9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ellenboro, NC
How many homes are available in Ellenboro, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Ellenboro real estate market had 24 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Ellenboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ellenboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Ellenboro in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ellenboro, NC
How long does it take to sell a home in Ellenboro, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 41 Days | 18 Days | -56.3% |
Summary: Homes in Ellenboro had an average of 18 days on market in Nov 2024, down by 56.3% compared to last month.
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 Ellenboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Ellenboro; 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.
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