Is Moravian Falls, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moravian Falls is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Moravian Falls was a Seller's Market.

Key Takeaway

Moravian Falls is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Moravian Falls, NC

How much do homes in Moravian Falls, NC cost?

Median Sold Price

$212,000

$215/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$98,000(-31.6%)

Key Takeaway

Homes in Moravian Falls have sold for 31.6% less than they did a month ago.

Summary: The median home sold price in Moravian Falls was $212,000 in October 2024, down 31.6% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$212K
N/A
3 $262K-
N/A
4 $464K-
N/A
5+ --
N/A

Summary: Moravian Falls housing prices by bedroom type for October 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

Moravian Falls
-31.6%
Moravian Falls Township
-31.6%

Housing Supply in Moravian Falls, NC

How many homes are available in Moravian Falls, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1012+20.0%

Summary: The Moravian Falls real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 57
+40.0%
4 21
-50.0%
5+ 22
0.0%

Summary: The Moravian Falls 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 100%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were 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 Moravian Falls, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Moravian Falls in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Moravian Falls, NC

We’re sorry, we don't have information for this market at the moment

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Moravian Falls; 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 20 Days Ago

Newest Listings in Moravian Falls, NC

Nearby Markets to Moravian Falls, NC

What housing markets are near Moravian Falls, NC?