$3,705 Closing Credit*
$312,000
3,021 SqFt
3 Beds
•2 Full Baths, 1 Partial
#100481119, Listing Office: Dawson & Co. Realty, LLC
Is La Grange, 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, La Grange was a Buyer's Market.
Key Takeaway
La Grange is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in La Grange, NC
How much do homes in La Grange, NC cost?
Median Sold Price
$268,900
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+7.2%)
Key Takeaway
Homes in La Grange have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in La Grange was $268,900 in November 2024, up 7.2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $117.5K | $92.5K | -21.3% |
| 3 Bedrooms | $220K | $263.5K | +19.8% |
| 4 Bedrooms | $327.6K | $335.8K | +2.5% |
| 5+ Bedrooms | $365K | $396.7K | +8.7% |
Summary: La Grange housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.3%, 3 bedroom homes increased by 19.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Moseley Hall Township | $250K | $268.9K | +7.6% |
| La Grange | $250.9K | $268.9K | +7.2% |
Housing Supply in La Grange, NC
How many homes are available in La Grange, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 37 | 0.0% |
Summary: The La Grange real estate market had 37 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The La Grange 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in La Grange, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in La Grange in November 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.
Days on Market for La Grange, NC
How long does it take to sell a home in La Grange, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 81 Days | +125.3% |
Summary: Homes in La Grange had an average of 81 days on market in Nov 2024, up by 125.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in La Grange are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in La Grange; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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