$5,878 Closing Credit*
$495,000
1,250 SqFt
2 Beds
•2 Full Baths, 1 Partial
Anna Ball Hodge, Listing Office: Hodge & Kittrell Sotheby's Int
Is Inside the Beltline, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Inside the Beltline was a Seller's Market.
Key Takeaway
Inside the Beltline 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 Inside the Beltline, NC
How much do homes in Inside the Beltline, NC cost?
Median Sold Price
$586,000
$364/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$73,545(+14.4%)
Key Takeaway
Homes in Inside the Beltline have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Inside the Beltline was $586,000 in October 2024, up 14.4% from last year, and the median price per square foot was $364.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $320.9K | $347.5K | +8.3% |
| 2 Bedrooms | $395K | $403K | +2.0% |
| 3 Bedrooms | $498.5K | $592.5K | +18.8% |
| 4 Bedrooms | $826.3K | $959.5K | +16.1% |
| 5+ Bedrooms | $1.7M | $1.5M | -11.8% |
Summary: Inside the Beltline housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Inside the Beltline | $512.4K | $586K | +14.4% |
| Mordecai | $785K | $722.5K | -8.0% |
Housing Supply in Inside the Beltline, NC
How many homes are available in Inside the Beltline, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 515 | 533 | +3.5% |
Summary: The Inside the Beltline real estate market had 533 homes for sale in October 2024, a 3.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 22 | -12.0% |
| 2 Bedrooms | 116 | 121 | +4.3% |
| 3 Bedrooms | 194 | 196 | +1.0% |
| 4 Bedrooms | 117 | 124 | +6.0% |
| 5+ Bedrooms | 63 | 70 | +11.1% |
Summary: The Inside the Beltline housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 82 | 83 | +1.2% |
Asking Price vs. Sold Price
54 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Inside the Beltline, you may be able to get a good deal. 65.1% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in Inside the Beltline in October 2024, up by 1.2% month-over-month. Of the 83 sold homes, 65% were sold under asking, 14% were sold at asking, and 20% were sold over asking.
Days on Market for Inside the Beltline, NC
How long does it take to sell a home in Inside the Beltline, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 37 Days | -41.1% |
Summary: Homes in Inside the Beltline had an average of 37 days on market in Oct 2024, down by 41.1% compared to last year.
Breakdown of Home Sale Times
53 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Inside the Beltline are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 83 homes were sold in Inside the Beltline; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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