$10,000 Closing Credit*
$900,000
4,017 SqFt
5 Beds
•3 Full Baths, 1 Partial
Listing Office: EXP REALTY LLC TEGA CAY
Is The Palisades, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, The Palisades was a Seller's Market.
Key Takeaway
The Palisades is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Palisades, NC
How much do homes in The Palisades, NC cost?
Median Sold Price
$830,000
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$65,000(+8.5%)
Key Takeaway
Homes in The Palisades have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in The Palisades was $830,000 in October 2024, up 8.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $699K | $780K | +11.6% |
| 4 Bedrooms | $745K | $847.5K | +13.8% |
| 5+ Bedrooms | $782K | $827.4K | +5.8% |
Summary: The Palisades 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 did not change, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in The Palisades, NC
How many homes are available in The Palisades, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 28 | +12.0% |
Summary: The The Palisades real estate market had 28 homes for sale in October 2024, a 12.0% 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 | 1 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The The Palisades 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 increased by 17.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Palisades, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in The Palisades in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for The Palisades, NC
How long does it take to sell a home in The Palisades, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 92 Days | +140.9% |
Summary: Homes in The Palisades had an average of 92 days on market in Oct 2024, up by 140.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in The Palisades are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in The Palisades; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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