Is Limestone Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Limestone Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Limestone Township was a Neutral Market.

Key Takeaway

Limestone Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Limestone Township, NC

How much do homes in Limestone Township, NC cost?

Median Sold Price

$538,250

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$67,279(+14.3%)

Key Takeaway

Homes in Limestone Township have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Limestone Township was $538,250 in October 2024, up 14.3% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $302K-
N/A
2 $274.5K$337.5K
+23.0%
3 $420K$433.1K
+3.1%
4 $849K$847.7K
-0.1%
5+ $2.0M$1.5M
-24.5%

Summary: Limestone Township 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 23%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 24.5%.

Median Sold Price Compared To Nearby Cities

Limestone Township
+14.3%
Fletcher
+5.9%
Arden
+3.2%
Avery Creek Township
-1.1%

Housing Supply in Limestone Township, NC

How many homes are available in Limestone Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9487-7.4%

Summary: The Limestone Township real estate market had 87 homes for sale in October 2024, a 7.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 911
+22.2%
3 4442
-4.5%
4 2720
-25.9%
5+ 1414
0.0%

Summary: The Limestone Township 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 22.2%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Limestone Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Limestone Township in October 2024, down by 47.1% month-over-month. Of the 9 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Limestone Township, NC

How long does it take to sell a home in Limestone Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days49 Days+135.2%

Summary: Homes in Limestone Township had an average of 49 days on market in Oct 2024, up by 135.2% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Limestone Township has remained consistent over time.

Summary: During October 2024, 9 homes were sold in Limestone Township; 33% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Limestone Township, NC

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