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 neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Limestone Township was a Seller's Market.

Key Takeaway

Limestone Township 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 Limestone Township, NC

How much do homes in Limestone Township, NC cost?

Median Sold Price

$540,000

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$77,000(+16.6%)

Key Takeaway

Homes in Limestone Township have sold for 16.6% more than they did a year ago.

Summary: The median home sold price in Limestone Township was $540,000 in November 2024, up 16.6% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $302K-
N/A
2 $312.5K$315K
+0.8%
3 $422.5K$430K
+1.8%
4 $812.5K$845.5K
+4.1%
5+ $2.1M$1.5M
-27.1%

Summary: Limestone Township 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 0.8%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 27.1%.

Median Sold Price Compared To Nearby Cities

Limestone Township
+16.6%
Biltmore Forest
+15.6%
Fletcher
+4.9%
Arden
+2.7%
Avery Creek Township
-5.2%

Housing Supply in Limestone Township, NC

How many homes are available in Limestone Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8390+8.4%

Summary: The Limestone Township real estate market had 90 homes for sale in November 2024, a 8.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1013
+30.0%
3 3741
+10.8%
4 2122
+4.8%
5+ 1514
-6.7%

Summary: The Limestone Township 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 30%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1014+40.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 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. 78.6% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Limestone Township in November 2024, up by 40.0% month-over-month. Of the 14 sold homes, 79% were sold under asking, 7% were sold at asking, and 14% 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

Nov 2023Nov 2024CHANGE
33 Days41 Days+23.9%

Summary: Homes in Limestone Township had an average of 41 days on market in Nov 2024, up by 23.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Limestone Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in Limestone Township; 50% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 14% 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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What housing markets are near Limestone Township, NC?