$239,900
Land
Listing Office: Mountain Oak Properties
Is Historic Montford, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Historic Montford has remained a Buyer's Market.
Key Takeaway
Historic Montford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Historic Montford, NC
How much do homes in Historic Montford, NC cost?
Median Sold Price
$732,500
$387/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,750(+4.8%)
Key Takeaway
Homes in Historic Montford have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Historic Montford was $732,500 in November 2024, up 4.8% from last year, and the median price per square foot was $387.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | - | N/A |
| 2 Bedrooms | $495K | $510K | +3.0% |
| 3 Bedrooms | $673.7K | $750K | +11.3% |
| 4 Bedrooms | $930K | $905K | -2.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Historic Montford 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 3%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown Asheville | $572.5K | $649.5K | +13.4% |
| Historic Montford | $698.7K | $732.5K | +4.8% |
Housing Supply in Historic Montford, NC
How many homes are available in Historic Montford, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Historic Montford real estate market had 17 homes for sale in November 2024, a 13.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Historic Montford 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 increased by 25%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Montford, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Historic Montford in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Historic Montford, NC
We’re sorry, we don't have information for this market at the moment
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