$3,443 Closing Credit*
$289,900
1,282 SqFt
3 Beds
•2 Full Baths
#100477379, Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
Is Kings Grant, 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, Kings Grant has remained a Seller's Market.
Key Takeaway
Kings Grant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kings Grant, NC
How much do homes in Kings Grant, NC cost?
Median Sold Price
$355,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,250(+2.4%)
Key Takeaway
Homes in Kings Grant have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Kings Grant was $355,000 in October 2024, up 2.4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270.2K | $323K | +19.5% |
| 3 Bedrooms | $335K | $352.1K | +5.1% |
| 4 Bedrooms | $402.5K | $398.5K | -1.0% |
| 5+ Bedrooms | $485K | $480K | -1.0% |
Summary: Kings Grant housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1%.
Median Sold Price Compared To Nearby Neighborhoods
| Windermere | $423.5K | $495K | +16.9% |
| Kings Grant | $346.7K | $355K | +2.4% |
Housing Supply in Kings Grant, NC
How many homes are available in Kings Grant, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 26 | 23 | -11.5% |
Summary: The Kings Grant real estate market had 23 homes for sale in October 2024, a 11.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 17 | 15 | -11.8% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kings Grant housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kings Grant, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Kings Grant in October 2024, up by 25.0% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for Kings Grant, NC
How long does it take to sell a home in Kings Grant, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 31 Days | -14.5% |
Summary: Homes in Kings Grant had an average of 31 days on market in Oct 2024, down by 14.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kings Grant are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Kings Grant; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
