Is Granite Quarry, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granite Quarry is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Granite Quarry is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Granite Quarry, NC

How much do homes in Granite Quarry, NC cost?

Median Sold Price

$300,000

$174/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in Granite Quarry has remained the same since last year.

Summary: The median home sold price in Granite Quarry was $300,000 in November 2024, the same as last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$228K
N/A
2 $196K$250K
+27.6%
3 $287.4K$290K
+0.9%
4 $391K$375K
-4.1%
5+ $625K-
N/A

Summary: Granite Quarry housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 27.6%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Salisbury
+6.3%
Providence Township
+5.7%
Gold Hill Township
+0.7%
Granite Quarry
0.0%

Housing Supply in Granite Quarry, NC

How many homes are available in Granite Quarry, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Granite Quarry real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 119
-18.2%
4 22
0.0%
5+ 03
+100.0%

Summary: The Granite Quarry housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granite Quarry, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Granite Quarry in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Granite Quarry, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days59 Days+74.4%

Summary: Homes in Granite Quarry had an average of 59 days on market in Nov 2024, up by 74.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Granite Quarry has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Granite Quarry; 0% of homes were sold within 30 days, 100% 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

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