Is Grandy, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grandy is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Grandy was a Seller's Market.

Key Takeaway

Grandy 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 Grandy, NC

How much do homes in Grandy, NC cost?

Median Sold Price

$398,995

$255/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$6,005(-1.5%)

Key Takeaway

Homes in Grandy have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Grandy was $398,995 in October 2024, down 1.5% from last year, and the median price per square foot was $255.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $180K$215K
+19.4%
3 $410K$410.9K
0.2%
4 $491K$561.7K
+14.4%
5+ -$385K
N/A

Summary: Grandy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Poplar Branch Township
+7.7%
Grandy
-1.5%

Housing Supply in Grandy, NC

How many homes are available in Grandy, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1213+8.3%

Summary: The Grandy real estate market had 13 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 00
0.0%
3 1010
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Grandy 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grandy, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Grandy in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Grandy, NC

How long does it take to sell a home in Grandy, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
121 Days7 Days-93.8%

Summary: Homes in Grandy had an average of 7 days on market in Oct 2024, down by 93.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Grandy are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Grandy; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Grandy, NC

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