$49,500
Land
Listing Office: Fathom Realty
Is Ivy Hill Township, 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, Ivy Hill Township was a Seller's Market.
Key Takeaway
Ivy Hill Township 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 Ivy Hill Township, NC
How much do homes in Ivy Hill Township, NC cost?
Median Sold Price
$390,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,836(-2.7%)
Key Takeaway
Homes in Ivy Hill Township have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Ivy Hill Township was $390,000 in November 2024, down 2.7% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217.5K | $254.8K | +17.1% |
| 2 Bedrooms | $355K | $382.5K | +7.7% |
| 3 Bedrooms | $477.5K | $472K | -1.2% |
| 4 Bedrooms | $495K | $815K | +64.6% |
| 5+ Bedrooms | $968.5K | $2.0M | +114.2% |
Summary: Ivy Hill Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 64.6%, and 5+ bedroom homes increased by 114.2%.
Median Sold Price Compared To Nearby Cities
| Jonathan Creek Township | $335K | $400K | +19.4% |
| Waynesville | $376.8K | $415K | +10.1% |
| Waynesville Township | $391.1K | $415K | +6.1% |
| Maggie Valley | $410K | $412.5K | +0.6% |
| Ivy Hill Township | $400.8K | $390K | -2.7% |
Housing Supply in Ivy Hill Township, NC
How many homes are available in Ivy Hill Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 120 | -0.8% |
Summary: The Ivy Hill Township real estate market had 120 homes for sale in November 2024, a 0.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 57 | 53 | -7.0% |
| 3 Bedrooms | 41 | 43 | +4.9% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Ivy Hill 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 decreased by 7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 20 | +25.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ivy Hill Township, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Ivy Hill Township in November 2024, up by 25.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Ivy Hill Township, NC
How long does it take to sell a home in Ivy Hill Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 39 Days | -17.8% |
Summary: Homes in Ivy Hill Township had an average of 39 days on market in Nov 2024, down by 17.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ivy Hill Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Ivy Hill Township; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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