Is Mc Leansville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mc Leansville is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Mc Leansville has remained a Seller's Market.

Key Takeaway

Mc Leansville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mc Leansville, NC

How much do homes in Mc Leansville, NC cost?

Median Sold Price

$294,500

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$5,500(-1.8%)

Key Takeaway

Homes in Mc Leansville have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Mc Leansville was $294,500 in December 2024, down 1.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $163.7K$202.5K
+23.7%
3 $284K$279K
-1.8%
4 $312.5K$321.3K
+2.8%
5+ $337K$348.9K
+3.5%

Summary: Mc Leansville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.7%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 3.5%.

Median Sold Price Compared To Nearby Cities

Madison Township
+15.3%
Jefferson Township
+13.5%
Gilmer Township
+9.5%
Monroe Township
+5.2%
Mc Leansville
-1.8%

Housing Supply in Mc Leansville, NC

How many homes are available in Mc Leansville, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3339+18.2%

Summary: The Mc Leansville real estate market had 39 homes for sale in December 2024, a 18.2% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1716
-5.9%
4 1014
+40.0%
5+ 36
+100.0%

Summary: The Mc Leansville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
78+14.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mc Leansville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Mc Leansville in December 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Mc Leansville, NC

How long does it take to sell a home in Mc Leansville, NC?

Average Sale Time

Dec 2023Dec 2024CHANGE
31 Days29 Days-6.5%

Summary: Homes in Mc Leansville had an average of 29 days on market in Dec 2024, down by 6.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 8 homes were sold in Mc Leansville; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 10 Days Ago

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