$10,000 Closing Credit*
$1,800,000
816 SqFt
2 Beds
•1 Full Bath
Samara Presley, Listing Office: Smart Choice Realty Company
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 November 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
$586,665
$363/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$68,290(+13.2%)
Key Takeaway
Homes in Inside the Beltline have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Inside the Beltline was $586,665 in November 2024, up 13.2% from last year, and the median price per square foot was $363.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $304.9K | $347.7K | +14.1% |
| 2 Bedrooms | $395K | $405.2K | +2.6% |
| 3 Bedrooms | $492.4K | $595.8K | +21.0% |
| 4 Bedrooms | $845K | $960K | +13.6% |
| 5+ Bedrooms | $1.7M | $1.4M | -14.4% |
Summary: Inside the Beltline housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.1%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 14.4%.
Housing Supply in Inside the Beltline, NC
How many homes are available in Inside the Beltline, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 526 | 485 | -7.8% |
Summary: The Inside the Beltline real estate market had 485 homes for sale in November 2024, a 7.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 22 | +10.0% |
| 2 Bedrooms | 116 | 103 | -11.2% |
| 3 Bedrooms | 196 | 182 | -7.1% |
| 4 Bedrooms | 124 | 109 | -12.1% |
| 5+ Bedrooms | 70 | 69 | -1.4% |
Summary: The Inside the Beltline housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 12.1%, and 5+ bedroom homes decreased by 1.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 80 | -11.1% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
12 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% of homes here sold below asking price last month.
Summary: A total of 80 homes were sold or pending in Inside the Beltline in November 2024, down by 11.1% month-over-month. Of the 80 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 83 Days | 57 Days | -30.9% |
Summary: Homes in Inside the Beltline had an average of 57 days on market in Nov 2024, down by 30.9% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
15 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 November 2024, 80 homes were sold in Inside the Beltline; 57% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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