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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Polkton is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Polkton, NC

How much do homes in Polkton, NC cost?

Median Sold Price

$324,950

$146/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$3,450(+1.1%)

Key Takeaway

Homes in Polkton have sold for 1.1% more than they did a month ago.

Summary: The median home sold price in Polkton was $324,950 in October 2024, up 1.1% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $321.5K$115K
-64.2%
4 -$369.9K
N/A
5+ --
N/A

Summary: Polkton 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 64.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lanesboro Township
+51.5%
Polkton
+1.1%

Housing Supply in Polkton, NC

How many homes are available in Polkton, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
10100.0%

Summary: The Polkton real estate market had 10 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 76
-14.3%
4 34
+33.3%
5+ 00
0.0%

Summary: The Polkton 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 decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Polkton in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Polkton, NC

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

Average Sale Time

Sep 2024Oct 2024CHANGE
28 Days4 Days-83.3%

Summary: Homes in Polkton had an average of 4 days on market in Oct 2024, down by 83.3% compared to last month.

Breakdown of Home Sale Times

4 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 Polkton are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Polkton; 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 17 Days Ago

Newest Listings in Polkton, NC

Nearby Markets to Polkton, NC

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