$10,000 Closing Credit*
$1,895,000
2,959 SqFt
5 Beds
•5 Full Baths, 2 Partial
#100481005, Listing Office: SGP Wilmington LLC
Is Landfall, 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, Landfall was a Buyer's Market.
Key Takeaway
Landfall is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Landfall, NC
How much do homes in Landfall, NC cost?
Median Sold Price
$1,150,000
$369/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+3.6%)
Key Takeaway
Homes in Landfall have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Landfall was $1,150,000 in November 2024, up 3.6% from last year, and the median price per square foot was $369.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $662K | $475K | -28.2% |
| 3 Bedrooms | $975K | $907.5K | -6.9% |
| 4 Bedrooms | $1.1M | $1.2M | +8.7% |
| 5+ Bedrooms | $1.3M | $1.8M | +40.4% |
Summary: Landfall 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 28.2%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 40.4%.
Housing Supply in Landfall, NC
How many homes are available in Landfall, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 56 | 52 | -7.1% |
Summary: The Landfall real estate market had 52 homes for sale in November 2024, a 7.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Landfall 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 50%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
7 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 Landfall, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Landfall in November 2024, down by 16.7% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Landfall, NC
How long does it take to sell a home in Landfall, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 122 Days | +187.7% |
Summary: Homes in Landfall had an average of 122 days on market in Nov 2024, up by 187.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Landfall has remained consistent over time.
Summary: During November 2024, 10 homes were sold in Landfall; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
