$1,700,000
Land
Listing Office: Keller Williams Unified
Is Iredell County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Iredell County has remained a Seller's Market.
Key Takeaway
Iredell County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Iredell County, NC
How much do homes in Iredell County, NC cost?
Median Sold Price
$388,962
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,692(+3.4%)
Key Takeaway
Homes in Iredell County have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Iredell County was $388,962 in October 2024, up 3.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $147K | $182.5K | +24.1% |
| 2 Bedrooms | $223.5K | $235.1K | +5.2% |
| 3 Bedrooms | $329.2K | $339.1K | +3.0% |
| 4 Bedrooms | $484.6K | $479.9K | -1.0% |
| 5+ Bedrooms | $497.5K | $516K | +3.7% |
Summary: Iredell County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 3.7%.
Median Sold Price Compared To Nearby Counties
| Alexander County | $258K | $279.9K | +8.5% |
| Davie County | $290.7K | $313.6K | +7.9% |
| Catawba County | $285K | $295.1K | +3.6% |
| Iredell County | $376.2K | $388.9K | +3.4% |
| Rowan County | $270.9K | $279.7K | +3.2% |
Housing Supply in Iredell County, NC
How many homes are available in Iredell County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,364 | 1,437 | +5.4% |
Summary: The Iredell County real estate market had 1,437 homes for sale in October 2024, a 5.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 87 | 95 | +9.2% |
| 3 Bedrooms | 687 | 707 | +2.9% |
| 4 Bedrooms | 415 | 437 | +5.3% |
| 5+ Bedrooms | 169 | 189 | +11.8% |
Summary: The Iredell County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 242 | 241 | -0.4% |
Asking Price vs. Sold Price
137 Homes Were Sold
Under Asking
72 Homes Were Sold
At Asking
32 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. 56.8% of homes here sold below asking price last month.
Summary: A total of 241 homes were sold or pending in Iredell County in October 2024, down by 0.4% month-over-month. Of the 241 sold homes, 57% were sold under asking, 30% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 50 Days | +67.4% |
Summary: Homes in Iredell County had an average of 50 days on market in Oct 2024, up by 67.4% compared to last year.
Breakdown of Home Sale Times
116 Homes Were Sold
Under 30 Days
86 Homes Were Sold
In 30 - 90 Days
39 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 October 2024, 241 homes were sold in Iredell County; 48% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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