$10,000 Closing Credit*
$1,195,000
3,952 SqFt
3 Beds
•3 Full Baths, 1 Partial
Listing Office: Niblock Development Corp
Is Landis, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Landis has remained a Seller's Market.
Key Takeaway
Landis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Landis, NC
How much do homes in Landis, NC cost?
Median Sold Price
$300,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$15,000(+5.3%)
Key Takeaway
Homes in Landis have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Landis was $300,000 in October 2024, up 5.3% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $149.9K | - | N/A |
| 2 Bedrooms | $189.9K | $236K | +24.3% |
| 3 Bedrooms | $281.1K | $307.5K | +9.4% |
| 4 Bedrooms | $489.9K | $355K | -27.5% |
| 5+ Bedrooms | $560K | $342.5K | -38.8% |
Summary: Landis 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 increased by 24.3%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes decreased by 38.8%.
Median Sold Price Compared To Nearby Cities
| China Grove | $275K | $305K | +10.9% |
| Atwell Township | $320K | $353.5K | +10.5% |
| Landis | $285K | $300K | +5.3% |
| Kannapolis | $296.1K | $306.5K | +3.5% |
| China Grove Township | $277.9K | $285.6K | +2.8% |
Housing Supply in Landis, NC
How many homes are available in Landis, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 30 | -9.1% |
Summary: The Landis real estate market had 30 homes for sale in October 2024, a 9.1% decrease 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 | 25 | 21 | -16.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Landis 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 16%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were 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. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Landis in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 36 Days | +148.4% |
Summary: Homes in Landis had an average of 36 days on market in Oct 2024, up by 148.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Landis has remained consistent over time.
Summary: During October 2024, 11 homes were sold in Landis; 36% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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