$9,975 Closing Credit*
$840,000
1,334 SqFt
4 Beds
•3 Full Baths
Listing Office: Fisher Herman Realty LLC
Is Villa Heights, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Villa Heights was a Seller's Market.
Key Takeaway
Villa Heights is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Villa Heights, NC
How much do homes in Villa Heights, NC cost?
Median Sold Price
$670,000
$376/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$123,496(+22.6%)
Key Takeaway
Homes in Villa Heights have sold for 22.6% more than they did a year ago.
Summary: The median home sold price in Villa Heights was $670,000 in August 2024, up 22.6% from last year, and the median price per square foot was $376.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315.5K | $312.5K | -1.0% |
| 2 Bedrooms | $340K | $381.5K | +12.2% |
| 3 Bedrooms | $570.2K | $690K | +21.0% |
| 4 Bedrooms | $546.5K | $842.5K | +54.2% |
| 5+ Bedrooms | $1.1M | $1.2M | +8.7% |
Summary: Villa Heights housing prices by bedroom type for August 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 21%, 4 bedroom homes increased by 54.2%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Villa Heights | $546.5K | $670K | +22.6% |
| Optimist Park | $539K | $578.5K | +7.3% |
| Belmont | $680K | $633.2K | -6.9% |
| The Arts District | $503.1K | $466.5K | -7.3% |
Housing Supply in Villa Heights, NC
How many homes are available in Villa Heights, NC?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The Villa Heights real estate market had 17 homes for sale in August 2024, a 41.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Villa Heights housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Villa Heights, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Villa Heights in August 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 8 Days | 2 Days | -75.8% |
Summary: Homes in Villa Heights had an average of 2 days on market in Aug 2024, down by 75.8% 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 Villa Heights are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 2 homes were sold in Villa Heights; 50% 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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