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 October 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

$299,499

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$499(+0.2%)

Key Takeaway

The sold price of homes in Mc Leansville has remained the same since last year.

Summary: The median home sold price in Mc Leansville was $299,499 in October 2024, up 0.2% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $142.5K$200K
+40.4%
3 $282K$278K
-1.4%
4 $310K$321.9K
+3.8%
5+ $333.5K$351.4K
+5.4%

Summary: Mc Leansville 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 40.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 5.4%.

Median Sold Price Compared To Nearby Cities

Madison Township
+25.2%
Jefferson Township
+14.0%
Gilmer Township
+5.7%
Monroe Township
+3.7%
Mc Leansville
0.2%

Housing Supply in Mc Leansville, NC

How many homes are available in Mc Leansville, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3536+2.9%

Summary: The Mc Leansville real estate market had 36 homes for sale in October 2024, a 2.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 2121
0.0%
4 109
-10.0%
5+ 12
+100.0%

Summary: The Mc Leansville 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Mc Leansville in October 2024, up by 83.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 9% were sold at asking, and 9% 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

Oct 2023Oct 2024CHANGE
22 Days55 Days+145.9%

Summary: Homes in Mc Leansville had an average of 55 days on market in Oct 2024, up by 145.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 October 2024, 11 homes were sold in Mc Leansville; 45% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% 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 22 Days Ago

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