Listing Office: RE/MAX Southern Lifestyles
Is Rutherford College, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Rutherford College has remained a Seller's Market.
Key Takeaway
Rutherford College is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Rutherford College, NC
How much do homes in Rutherford College, NC cost?
Median Sold Price
$280,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,000(+1.8%)
Key Takeaway
Homes in Rutherford College have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Rutherford College was $280,000 in October 2024, up 1.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $108K | - | N/A |
| 2 Bedrooms | $188.4K | $160K | -15.1% |
| 3 Bedrooms | $290.5K | $280K | -3.6% |
| 4 Bedrooms | $210K | $410K | +95.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Rutherford College 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 15.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 95.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Valdese | $241.2K | $259.9K | +7.8% |
| Lovelady Township | $249.8K | $262.5K | +5.1% |
| Connelly Springs | $233.9K | $245K | +4.7% |
| Rutherford College | $275K | $280K | +1.8% |
Housing Supply in Rutherford College, NC
How many homes are available in Rutherford College, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Summary: The Rutherford College real estate market had 2 homes for sale in October 2024, a 100.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Rutherford College 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 increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Rutherford College, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Rutherford College in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Rutherford College, NC
How long does it take to sell a home in Rutherford College, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 25 Days | +74.4% |
Summary: Homes in Rutherford College had an average of 25 days on market in Oct 2024, up by 74.4% compared to last year.
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
Key Takeaway
Many homes in Rutherford College are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Rutherford College; 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.
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