$949,000
Land
Listing Office: Black Bear Realty WNC
Is Montford Cove Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Montford Cove Township was a Seller's Market.
Key Takeaway
Montford Cove Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Montford Cove Township, NC
How much do homes in Montford Cove Township, NC cost?
Median Sold Price
$282,710
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,210(+0.8%)
Key Takeaway
Homes in Montford Cove Township have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in Montford Cove Township was $282,710 in November 2024, up 0.8% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $255.7K | $298.5K | +16.7% |
| 3 Bedrooms | $375K | $323K | -13.9% |
| 4 Bedrooms | $255K | $280K | +9.8% |
| 5+ Bedrooms | - | $177.6K | N/A |
Summary: Montford Cove 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 16.7%, 3 bedroom homes decreased by 13.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes did not change.
Housing Supply in Montford Cove Township, NC
How many homes are available in Montford Cove Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 15 | +7.1% |
Summary: The Montford Cove Township real estate market had 15 homes for sale in November 2024, a 7.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Montford Cove 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 increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Montford Cove Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Montford Cove Township in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Montford Cove Township, NC
How long does it take to sell a home in Montford Cove Township, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 106 Days | 4 Days | -96.2% |
Summary: Homes in Montford Cove Township had an average of 4 days on market in Nov 2024, down by 96.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montford Cove Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Montford Cove Township; 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.
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