Is Icard Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Icard Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Icard Township has remained a Seller's Market.

Key Takeaway

Icard Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Icard Township, NC

How much do homes in Icard Township, NC cost?

Median Sold Price

$239,900

$163/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,000(+22.5%)

Key Takeaway

Homes in Icard Township have sold for 22.5% more than they did a year ago.

Summary: The median home sold price in Icard Township was $239,900 in November 2024, up 22.5% from last year, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $118K$123.2K
+4.4%
2 $162.2K$168K
+3.6%
3 $212K$255K
+20.3%
4 $190K$331.9K
+74.7%
5+ $308.5K$475K
+54.0%

Summary: Icard Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 20.3%, 4 bedroom homes increased by 74.7%, and 5+ bedroom homes increased by 54%.

Median Sold Price Compared To Nearby Cities

Hildebran
+72.1%
Icard Township
+22.5%
Drexel Township
+3.4%
Connelly Springs
+3.2%
Lovelady Township
+1.9%

Housing Supply in Icard Township, NC

How many homes are available in Icard Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4948-2.0%

Summary: The Icard Township real estate market had 48 homes for sale in November 2024, a 2.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3533
-5.7%
4 89
+12.5%
5+ 00
0.0%

Summary: The Icard Township 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 remained the same, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1210-16.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Icard Township, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Icard Township in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Icard Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days28 Days+134.2%

Summary: Homes in Icard Township had an average of 28 days on market in Nov 2024, up by 134.2% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Icard Township; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 18 Days Ago

Newest Listings in Icard Township, NC

Nearby Markets to Icard Township, NC

What housing markets are near Icard Township, NC?