$4,745 Closing Credit*
$399,588
1,841 SqFt
3 Beds
•3 Full Baths
Listing Office: Berkshire Hathaway HomeServices
Is Laurel Park, 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, Laurel Park was a Neutral Market.
Key Takeaway
Laurel Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laurel Park, NC
How much do homes in Laurel Park, NC cost?
Median Sold Price
$497,955
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,300(+4.2%)
Key Takeaway
Homes in Laurel Park have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Laurel Park was $497,955 in October 2024, up 4.2% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $521.6K | - | N/A |
| 2 Bedrooms | $453K | $420K | -7.3% |
| 3 Bedrooms | $477.5K | $512.2K | +7.3% |
| 4 Bedrooms | $518.6K | $526.6K | +1.5% |
| 5+ Bedrooms | $538K | $506.5K | -5.8% |
Summary: Laurel Park 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 7.3%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Crab Creek Township | $485K | $565K | +16.5% |
| Hendersonville | $419.7K | $441.2K | +5.1% |
| Hendersonville Township | $424.4K | $444.8K | +4.8% |
| Laurel Park | $477.6K | $497.9K | +4.2% |
Housing Supply in Laurel Park, NC
How many homes are available in Laurel Park, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 24 | -11.1% |
Summary: The Laurel Park real estate market had 24 homes for sale in October 2024, a 11.1% 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 | 14 | 11 | -21.4% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laurel Park 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 decreased by 21.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Laurel Park, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Laurel Park in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Laurel Park, NC
How long does it take to sell a home in Laurel Park, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 79 Days | +37.4% |
Summary: Homes in Laurel Park had an average of 79 days on market in Oct 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Laurel Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Laurel Park; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.