$3,561 Closing Credit*
$299,900
1,487 SqFt
3 Beds
•2 Full Baths
Andrew Johnson, Listing Office: Pinnacle Resource Group Inc
Is Graham, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Graham has remained a Seller's Market.
Key Takeaway
Graham is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Graham, NC
How much do homes in Graham, NC cost?
Median Sold Price
$335,000
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,414(-0.4%)
Key Takeaway
The sold price of homes in Graham has remained the same since last year.
Summary: The median home sold price in Graham was $335,000 in October 2024, down 0.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $280K | $164.9K | -41.1% |
| 2 Bedrooms | $212.1K | $190K | -10.4% |
| 3 Bedrooms | $307K | $322K | +4.9% |
| 4 Bedrooms | $386K | $390K | +1.0% |
| 5+ Bedrooms | $391.3K | $378.4K | -3.3% |
Summary: Graham housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.1%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 3.3%.
Median Sold Price Compared To Nearby Cities
| Haw River | $315K | $340.3K | +8.1% |
| Burlington | $265K | $271.6K | +2.5% |
| Graham | $336.4K | $335K | -0.4% |
Housing Supply in Graham, NC
How many homes are available in Graham, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 214 | 209 | -2.3% |
Summary: The Graham real estate market had 209 homes for sale in October 2024, a 2.3% 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 | 22 | 16 | -27.3% |
| 3 Bedrooms | 105 | 90 | -14.3% |
| 4 Bedrooms | 75 | 85 | +13.3% |
| 5+ Bedrooms | 11 | 17 | +54.5% |
Summary: The Graham 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 decreased by 27.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 54.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Graham, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Graham in October 2024, up by 2.0% month-over-month. Of the 52 sold homes, 48% were sold under asking, 40% were sold at asking, and 12% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 47 Days | -24.2% |
Summary: Homes in Graham had an average of 47 days on market in Oct 2024, down by 24.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
9 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 October 2024, 52 homes were sold in Graham; 46% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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