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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachland is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Peachland, NC

How much do homes in Peachland, NC cost?

Median Sold Price

$330,000

$157/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$155,000(+88.6%)

Key Takeaway

Homes in Peachland have sold for 88.6% more than they did a month ago.

Summary: The median home sold price in Peachland was $330,000 in October 2024, up 88.6% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $170K-
N/A
3 $550K$435K
-20.9%
4 -$329K
N/A
5+ $175K-
N/A

Summary: Peachland 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 decreased by 20.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Peachland
+88.6%
Lanesboro Township
+51.5%

Housing Supply in Peachland, NC

How many homes are available in Peachland, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1110-9.1%

Summary: The Peachland real estate market had 10 homes for sale in October 2024, a 9.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 44
0.0%
4 44
0.0%
5+ 10
-100.0%

Summary: The Peachland 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 remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachland, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Peachland in October 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Peachland, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
9 Days32 Days+259.3%

Summary: Homes in Peachland had an average of 32 days on market in Oct 2024, up by 259.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Peachland; 67% of homes were sold within 30 days, 33% 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 4 Days Ago

Newest Listings in Peachland, NC

Nearby Markets to Peachland, NC