$1,544 Closing Credit*
$130,000
684 SqFt
2 Beds
•1 Full Bath
Zackary Albright, Listing Office: Keller Williams Central
Is Graham, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Graham was a Seller's Market.
Key Takeaway
Graham 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 Graham, NC
How much do homes in Graham, NC cost?
Median Sold Price
$337,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,781(+0.5%)
Key Takeaway
Homes in Graham have sold for 0.5% more than they did a year ago.
Summary: The median home sold price in Graham was $337,000 in November 2024, up 0.5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $164.9K | -41.1% |
| 2 Bedrooms | $213.5K | $185K | -13.4% |
| 3 Bedrooms | $307.3K | $322.5K | +4.9% |
| 4 Bedrooms | $383.1K | $390K | +1.8% |
| 5+ Bedrooms | $410K | $377.3K | -8.0% |
Summary: Graham housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.1%, 2 bedroom homes decreased by 13.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 8%.
Median Sold Price Compared To Nearby Cities
| Haw River | $318.1K | $340K | +6.9% |
| Burlington | $264.7K | $275K | +3.9% |
| Graham | $335.2K | $337K | 0.5% |
Housing Supply in Graham, NC
How many homes are available in Graham, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 224 | 210 | -6.3% |
Summary: The Graham real estate market had 210 homes for sale in November 2024, a 6.3% 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 | 18 | 23 | +27.8% |
| 3 Bedrooms | 96 | 78 | -18.8% |
| 4 Bedrooms | 90 | 90 | 0.0% |
| 5+ Bedrooms | 19 | 19 | 0.0% |
Summary: The Graham 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 increased by 27.8%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 54 | 33 | -38.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Graham, you may be able to get a good deal. 51.5% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Graham in November 2024, down by 38.9% month-over-month. Of the 33 sold homes, 52% were sold under asking, 42% were sold at asking, and 6% were sold over asking.
Days on Market for Graham, NC
How long does it take to sell a home in Graham, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 40 Days | -32.6% |
Summary: Homes in Graham had an average of 40 days on market in Nov 2024, down by 32.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Graham are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in Graham; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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