$3,313 Closing Credit*
$279,000
2,315 SqFt
3 Beds
•2 Full Baths
Jane E Bartlett, Listing Office: Down Home Realty And Property
Is La Grange, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, La Grange was a Seller's Market.
Key Takeaway
La Grange is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in La Grange, NC
How much do homes in La Grange, NC cost?
Median Sold Price
$268,900
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since October 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 October 2024, up 7.2% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $155K | N/A |
| 2 Bedrooms | $120K | $90K | -25.0% |
| 3 Bedrooms | $217.7K | $263.5K | +21.0% |
| 4 Bedrooms | $327.3K | $335.8K | +2.6% |
| 5+ Bedrooms | $365K | $396.7K | +8.7% |
Summary: La Grange 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 decreased by 25%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
| Moseley Hall Township | $250K | $269K | +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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 39 | +2.6% |
Summary: The La Grange real estate market had 39 homes for sale in October 2024, a 2.6% increase 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 | 2 | 3 | +50.0% |
| 3 Bedrooms | 24 | 22 | -8.3% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The La Grange 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 increased by 50%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
2 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. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in La Grange in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 97 Days | +117.6% |
Summary: Homes in La Grange had an average of 97 days on market in Oct 2024, up by 117.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 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 October 2024, 5 homes were sold in La Grange; 60% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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