Is Mount Ulla Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Ulla Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mount Ulla Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mount Ulla Township, NC

How much do homes in Mount Ulla Township, NC cost?

Median Sold Price

$545,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$179,750(+49.2%)

Key Takeaway

Homes in Mount Ulla Township have sold for 49.2% more than they did a year ago.

Summary: The median home sold price in Mount Ulla Township was $545,000 in October 2024, up 49.2% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $255K$212K
-16.9%
3 $316.5K$447.5K
+41.4%
4 $734.5K$795K
+8.2%
5+ $610K$698.2K
+14.5%

Summary: Mount Ulla Township 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 decreased by 16.9%, 3 bedroom homes increased by 41.4%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Cities

Mount Ulla Township
+49.2%
Mount Ulla
+41.2%
Atwell Township
+10.5%
Cleveland Township
-12.0%

Housing Supply in Mount Ulla Township, NC

How many homes are available in Mount Ulla Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The Mount Ulla Township real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 56
+20.0%
5+ 11
0.0%

Summary: The Mount Ulla Township 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

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 Mount Ulla Township, 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 Mount Ulla Township in October 2024, the same as the previous 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 Mount Ulla Township, NC

How long does it take to sell a home in Mount Ulla Township, NC?

Average Sale Time

Oct 2023Oct 2024CHANGE
3 Days13 Days+260.0%

Summary: Homes in Mount Ulla Township had an average of 13 days on market in Oct 2024, up by 260% compared to last year.

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 Mount Ulla Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Mount Ulla 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.

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 Mount Ulla Township, NC

Nearby Markets to Mount Ulla Township, NC

What housing markets are near Mount Ulla Township, NC?