Is McAdenville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McAdenville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, McAdenville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in McAdenville, NC

How much do homes in McAdenville, NC cost?

Median Sold Price

$532,500

$213/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$37,875(-6.6%)

Key Takeaway

Homes in McAdenville have sold for 6.6% less than they did a month ago.

Summary: The median home sold price in McAdenville was $532,500 in September 2024, down 6.6% from last month, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $232K-
N/A
3 -$525K
N/A
4 -$540K
N/A
5+ $612.6K-
N/A

Summary: McAdenville housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

McAdenville
-6.6%
Mc Adenville
-6.6%

Housing Supply in McAdenville, NC

How many homes are available in McAdenville, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
96-33.3%

Summary: The McAdenville real estate market had 6 homes for sale in September 2024, a 33.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 11
0.0%
4 11
0.0%
5+ 53
-40.0%

Summary: The McAdenville housing inventory by bedroom type for September 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 remained the same, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in McAdenville in September 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for McAdenville, NC

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

Average Sale Time

Aug 2024Sep 2024CHANGE
11 Days16 Days+45.6%

Summary: Homes in McAdenville had an average of 16 days on market in Sep 2024, up by 45.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 2 homes were sold in McAdenville; 100% of homes were sold within 30 days, 0% 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 29 Days Ago

Newest Listings in McAdenville, NC

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