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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Linville Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Linville Township was a Neutral 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

$924,166

$395/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$89,166(+10.7%)

Key Takeaway

Homes in Linville Township have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in Linville Township was $924,166 in November 2024, up 10.7% from last year, and the median price per square foot was $395.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$80K
N/A
2 $405K$503.3K
+24.3%
3 $695K$879.1K
+26.5%
4 $1.1M$1.5M
+31.9%
5+ $1.4M$1.3M
-8.7%

Summary: Linville 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 24.3%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 31.9%, and 5+ bedroom homes decreased by 8.7%.

Median Sold Price Compared To Nearby Cities

Nebo
+36.8%
Quaker Meadows Township
+20.2%
Linville Township
+10.7%
Silver Creek Township
+1.1%

Housing Supply in Linville Township, NC

How many homes are available in Linville Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
22220.0%

Summary: The Linville Township real estate market had 22 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1111
0.0%
4 66
0.0%
5+ 33
0.0%

Summary: The Linville 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 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 1 homes were sold or pending in Linville Township in November 2024, down by 66.7% month-over-month. Of the 1 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

Nov 2023Nov 2024CHANGE
166 Days37 Days-77.8%

Summary: Homes in Linville Township had an average of 37 days on market in Nov 2024, down by 77.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Linville Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Linville Township, NC

Nearby Markets to Linville Township, NC

What housing markets are near Linville Township, NC?