$2,849 Closing Credit*
$239,900
1,272 SqFt
3 Beds
•2 Full Baths
RAYMOND SHARP, Listing Office: GRANT-MURRAY HOMES
Is Seventy-First, 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, Seventy-First has remained a Seller's Market.
Key Takeaway
Seventy-First is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Seventy-First, NC
How much do homes in Seventy-First, NC cost?
Median Sold Price
$242,396
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,730(+6.5%)
Key Takeaway
Homes in Seventy-First have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in Seventy-First was $242,396 in November 2024, up 6.5% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $143K | $151K | +5.6% |
| 3 Bedrooms | $215K | $230K | +7.0% |
| 4 Bedrooms | $280K | $299K | +6.8% |
| 5+ Bedrooms | $345K | $360K | +4.3% |
Summary: Seventy-First 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 increased by 5.6%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Bonnie Doone | $198.9K | $219.5K | +10.4% |
| Douglas Byrd | $179.6K | $197K | +9.7% |
| Seventy-First | $227.6K | $242.3K | +6.5% |
| Westover | $190K | $202K | +6.3% |
| Jack Britt | $283.5K | $288.6K | +1.8% |
Housing Supply in Seventy-First, NC
How many homes are available in Seventy-First, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 167 | 166 | -0.6% |
Summary: The Seventy-First real estate market had 166 homes for sale in November 2024, a 0.6% 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 | 8 | 10 | +25.0% |
| 3 Bedrooms | 97 | 98 | +1.0% |
| 4 Bedrooms | 55 | 50 | -9.1% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Seventy-First 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 increased by 25%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 40 | 37 | -7.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seventy-First, expect to pay close to the asking price. 54.1% of homes here sold near the asking price last month.
Summary: A total of 37 homes were sold or pending in Seventy-First in November 2024, down by 7.5% month-over-month. Of the 37 sold homes, 24% were sold under asking, 54% were sold at asking, and 22% were sold over asking.
Days on Market for Seventy-First, NC
How long does it take to sell a home in Seventy-First, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 21 Days | 27 Days | +26.7% |
Summary: Homes in Seventy-First had an average of 27 days on market in Nov 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Seventy-First are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 37 homes were sold in Seventy-First; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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