$3,907 Closing Credit*
$329,000
1,517 SqFt
3 Beds
•1 Full Bath
Listing Office: Exit Realty Elite Properties
Is Landis, 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, Landis was a Seller's Market.
Key Takeaway
Landis is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Landis, NC
How much do homes in Landis, NC cost?
Median Sold Price
$300,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,811(+6.7%)
Key Takeaway
Homes in Landis have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Landis was $300,000 in November 2024, up 6.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | - | N/A |
| 2 Bedrooms | $209K | $236K | +12.9% |
| 3 Bedrooms | $280.5K | $302K | +7.6% |
| 4 Bedrooms | $514.9K | $357.5K | -30.6% |
| 5+ Bedrooms | $560K | $342.5K | -38.8% |
Summary: Landis 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 increased by 12.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes decreased by 30.6%, and 5+ bedroom homes decreased by 38.8%.
Median Sold Price Compared To Nearby Cities
| Atwell Township | $315K | $350K | +11.1% |
| China Grove | $275K | $299.9K | +9.1% |
| Landis | $281.1K | $300K | +6.7% |
| China Grove Township | $275K | $285.6K | +3.9% |
| Kannapolis | $298K | $306.7K | +2.9% |
Housing Supply in Landis, NC
How many homes are available in Landis, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 24 | -20.0% |
Summary: The Landis real estate market had 24 homes for sale in November 2024, a 20.0% 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 | 4 | +100.0% |
| 3 Bedrooms | 21 | 15 | -28.6% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Landis 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 increased by 100%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
2 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 Landis, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Landis in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Landis, NC
How long does it take to sell a home in Landis, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 44 Days | +171.2% |
Summary: Homes in Landis had an average of 44 days on market in Nov 2024, up by 171.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Landis has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Landis; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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