$2,849 Closing Credit*
$239,950
1,551 SqFt
3 Beds
•2 Full Baths
Listing Office: Carolina Alpine Real Estate LLC
Is Iredell County, 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, Iredell County was a Seller's Market.
Key Takeaway
Iredell County 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 Iredell County, NC
How much do homes in Iredell County, NC cost?
Median Sold Price
$391,751
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,066(+4.6%)
Key Takeaway
Homes in Iredell County have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in Iredell County was $391,751 in November 2024, up 4.6% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $187.5K | +27.6% |
| 2 Bedrooms | $225K | $228.5K | +1.6% |
| 3 Bedrooms | $329K | $340.1K | +3.4% |
| 4 Bedrooms | $485K | $485.4K | 0.1% |
| 5+ Bedrooms | $492.5K | $520K | +5.6% |
Summary: Iredell County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.6%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Counties
| Alexander County | $253K | $285K | +12.6% |
| Davie County | $294K | $317.1K | +7.9% |
| Catawba County | $286.5K | $299.9K | +4.7% |
| Iredell County | $374.6K | $391.7K | +4.6% |
| Rowan County | $269.9K | $279.1K | +3.4% |
Housing Supply in Iredell County, NC
How many homes are available in Iredell County, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,385 | 1,387 | 0.1% |
Summary: The Iredell County real estate market had 1,387 homes for sale in November 2024, a 0.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 13 | +85.7% |
| 2 Bedrooms | 90 | 90 | 0.0% |
| 3 Bedrooms | 684 | 661 | -3.4% |
| 4 Bedrooms | 423 | 442 | +4.5% |
| 5+ Bedrooms | 181 | 181 | 0.0% |
Summary: The Iredell County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 85.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 262 | 218 | -16.8% |
Asking Price vs. Sold Price
139 Homes Were Sold
Under Asking
50 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Iredell County, you may be able to get a good deal. 63.8% of homes here sold below asking price last month.
Summary: A total of 218 homes were sold or pending in Iredell County in November 2024, down by 16.8% month-over-month. Of the 218 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% were sold over asking.
Days on Market for Iredell County, NC
How long does it take to sell a home in Iredell County, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 47 Days | +23.5% |
Summary: Homes in Iredell County had an average of 47 days on market in Nov 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
111 Homes Were Sold
Under 30 Days
71 Homes Were Sold
In 30 - 90 Days
35 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Iredell County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 218 homes were sold in Iredell County; 51% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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