$4,150 Closing Credit*
$349,500
1,475 SqFt
3 Beds
•2 Full Baths
Chandler Kidd, Listing Office: The Real Estate Shoppe
Is Randleman, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Randleman has remained a Seller's Market.
Key Takeaway
Randleman is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Randleman, NC
How much do homes in Randleman, NC cost?
Median Sold Price
$267,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,500(+6.2%)
Key Takeaway
Homes in Randleman have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Randleman was $267,000 in November 2024, up 6.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $242K | N/A |
| 2 Bedrooms | $195K | $185.5K | -4.9% |
| 3 Bedrooms | $266.2K | $276.5K | +3.8% |
| 4 Bedrooms | $317.5K | $305K | -3.9% |
| 5+ Bedrooms | $719.5K | $557.5K | -22.5% |
Summary: Randleman 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 decreased by 4.9%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 22.5%.
Median Sold Price Compared To Nearby Cities
| Back Creek Township | $315.5K | $474.5K | +50.4% |
| Randleman | $251.5K | $267K | +6.2% |
| Randleman Township | $255.7K | $266K | +4.0% |
| Providence Township | $326.5K | $297.5K | -8.9% |
Housing Supply in Randleman, NC
How many homes are available in Randleman, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Summary: The Randleman real estate market had 31 homes for sale in November 2024, a 8.8% decrease 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 | 7 | 6 | -14.3% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Randleman 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 decreased by 14.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Randleman, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Randleman in November 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Randleman, NC
How long does it take to sell a home in Randleman, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +23.1% |
Summary: Homes in Randleman had an average of 29 days on market in Nov 2024, up by 23.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Randleman are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Randleman; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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