$8,313 Closing Credit*
$700,000
1,418 SqFt
3 Beds
•2 Full Baths
Listing Office: EXP Realty LLC Mooresville
Is Villa Heights, 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, Villa Heights was a Buyer's Market.
Key Takeaway
Villa Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Villa Heights, NC
How much do homes in Villa Heights, NC cost?
Median Sold Price
$611,500
$378/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,015(+6.8%)
Key Takeaway
Homes in Villa Heights have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Villa Heights was $611,500 in October 2024, up 6.8% from last year, and the median price per square foot was $378.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315.5K | $312.5K | -1.0% |
| 2 Bedrooms | $340K | $381.5K | +12.2% |
| 3 Bedrooms | $580.8K | $614.7K | +5.8% |
| 4 Bedrooms | $750K | $795K | +6.0% |
| 5+ Bedrooms | $1.1M | $1.2M | +9.4% |
Summary: Villa Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 9.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Villa Heights | $572.4K | $611.5K | +6.8% |
| The Arts District | $500K | $468.1K | -6.4% |
| Belmont | $737.5K | $655K | -11.2% |
Housing Supply in Villa Heights, NC
How many homes are available in Villa Heights, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Summary: The Villa Heights real estate market had 21 homes for sale in October 2024, a 10.5% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Villa Heights 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 increased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
6 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 Villa Heights, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Villa Heights in October 2024, up by 200.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Villa Heights, NC
How long does it take to sell a home in Villa Heights, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 2 Days | 31 Days | +1483.3% |
Summary: Homes in Villa Heights had an average of 31 days on market in Oct 2024, up by 1483.3% compared to last year.
Breakdown of Home Sale Times
3 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 Villa Heights are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Villa Heights; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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