$2,975,000
6,579 SqFt
5 Beds
•5 Full Baths, 1 Partial
Listing Office: Patton Allen Real Estate LLC
Is Linville Township, 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, Linville Township has remained a Buyer's Market.
Key Takeaway
Linville Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Linville Township, NC
How much do homes in Linville Township, NC cost?
Median Sold Price
$883,333
$393/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,333(+10.4%)
Key Takeaway
Homes in Linville Township have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Linville Township was $883,333 in October 2024, up 10.4% from last year, and the median price per square foot was $393.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $80K | N/A |
| 2 Bedrooms | $565K | $421.1K | -25.5% |
| 3 Bedrooms | $687.5K | $879.1K | +27.9% |
| 4 Bedrooms | $1.2M | $1.4M | +18.8% |
| 5+ Bedrooms | $1.4M | $1.5M | +4.5% |
Summary: Linville 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 decreased by 25.5%, 3 bedroom homes increased by 27.9%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
| Nebo | $405K | $520K | +28.4% |
| Quaker Meadows Township | $315K | $385K | +22.2% |
| Linville Township | $800K | $883.3K | +10.4% |
| Silver Creek Township | $234.2K | $250K | +6.7% |
Housing Supply in Linville Township, NC
How many homes are available in Linville Township, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 24 | -17.2% |
Summary: The Linville Township real estate market had 24 homes for sale in October 2024, a 17.2% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Linville 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 30%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Linville Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Linville Township in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Linville Township, NC
How long does it take to sell a home in Linville Township, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 267 Days | +13250.0% |
Summary: Homes in Linville Township had an average of 267 days on market in Oct 2024, up by 13250% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Linville Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Linville Township; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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