Is Green Mountain, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Mountain is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Green Mountain has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Green Mountain, NC

How much do homes in Green Mountain, NC cost?

Median Sold Price

$290,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$115,000(-28.4%)

Key Takeaway

Homes in Green Mountain have sold for 28.4% less than they did a year ago.

Summary: The median home sold price in Green Mountain was $290,000 in September 2024, down 28.4% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $250K$232K
-7.2%
2 $440K$236K
-46.4%
3 $427.5K$372.5K
-12.9%
4 $400K$450K
+12.5%
5+ -$4.2M
N/A

Summary: Green Mountain housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.2%, 2 bedroom homes decreased by 46.4%, 3 bedroom homes decreased by 12.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Green Mountain
-28.4%
Green Mountain Township
-29.2%

Housing Supply in Green Mountain, NC

How many homes are available in Green Mountain, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
18180.0%

Summary: The Green Mountain real estate market had 18 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 33
0.0%
3 1313
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Green Mountain housing inventory by bedroom type for September 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Mountain, 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 Green Mountain in September 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Green Mountain, NC

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

Average Sale Time

Sep 2023Sep 2024CHANGE
1 Day24 Days+2350.0%

Summary: Homes in Green Mountain had an average of 24 days on market in Sep 2024, up by 2350% compared to last year.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During September 2024, 2 homes were sold in Green Mountain; 50% of homes were sold within 30 days, 50% 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 Sep 1, 2024

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