$4,014 Closing Credit*
$338,000
1,262 SqFt
3 Beds
•2 Full Baths
#100472157, Listing Office: exp Realty
Is Kings Grant, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Kings Grant was a Buyer'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
$352,175
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$7,175(+2.1%)
Key Takeaway
Homes in Kings Grant have sold for 2.1% more than they did a year ago.
Summary: The median home sold price in Kings Grant was $352,175 in September 2024, up 2.1% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $270.2K | $323K | +19.5% |
| 3 Bedrooms | $328K | $350K | +6.7% |
| 4 Bedrooms | $400K | $415K | +3.8% |
| 5+ Bedrooms | $485K | $435K | -10.3% |
Summary: Kings Grant housing prices by bedroom type for September 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 6.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Windermere | $429.7K | $480K | +11.7% |
| Kings Grant | $345K | $352.1K | +2.1% |
Housing Supply in Kings Grant, NC
How many homes are available in Kings Grant, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Summary: The Kings Grant real estate market had 25 homes for sale in September 2024, a 8.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Kings Grant housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kings Grant, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Kings Grant in September 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 9 Days | 28 Days | +198.7% |
Summary: Homes in Kings Grant had an average of 28 days on market in Sep 2024, up by 198.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kings Grant are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Kings Grant; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
