$517 Closing Credit*
$43,500
880 SqFt
3 Beds
•2 Full Baths
Listing Office: RealHome Services and Solutions
Is Vale, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Vale was a Seller's Market.
Key Takeaway
Vale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Vale, NC
How much do homes in Vale, NC cost?
Median Sold Price
$270,000
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,500(+6.9%)
Key Takeaway
Homes in Vale have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Vale was $270,000 in November 2024, up 6.9% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | $234K | $160K | -31.6% |
| 3 Bedrooms | $259.5K | $274K | +5.6% |
| 4 Bedrooms | $415K | $447K | +7.7% |
| 5+ Bedrooms | $150K | $1.7M | +1051.7% |
Summary: Vale 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 31.6%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 1051.7%.
Median Sold Price Compared To Nearby Cities
| Bandy's Township | $232.5K | $280.5K | +20.6% |
| Howards Creek Township | $280K | $315K | +12.5% |
| North Brook Township | $249K | $270K | +8.4% |
| Vale | $252.5K | $270K | +6.9% |
| Jacobs Fork Township | $272K | $285K | +4.8% |
Housing Supply in Vale, NC
How many homes are available in Vale, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Summary: The Vale real estate market had 24 homes for sale in November 2024, a 25.0% 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 | 5 | 1 | -80.0% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vale 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 80%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 4 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Vale, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Vale in November 2024, down by 71.4% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Vale, NC
How long does it take to sell a home in Vale, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 93 Days | +217.7% |
Summary: Homes in Vale had an average of 93 days on market in Nov 2024, up by 217.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Vale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Vale; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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