$7,719 Closing Credit*
$650,000
2,164 SqFt
4 Beds
•3 Full Baths, 1 Partial
Listing Office: ERA Live Moore
Is Villa Heights, 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, Villa Heights has remained a Seller'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
$610,000
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,067(+3.4%)
Key Takeaway
Homes in Villa Heights have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Villa Heights was $610,000 in November 2024, up 3.4% from last year, and the median price per square foot was $361.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $314.5K | - | N/A |
| 2 Bedrooms | $340K | $389K | +14.4% |
| 3 Bedrooms | $589.9K | $630K | +6.8% |
| 4 Bedrooms | $940K | $840K | -10.6% |
| 5+ Bedrooms | $1.2M | $1.2M | +2.6% |
Summary: Villa Heights 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 14.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Villa Heights | $589.9K | $610K | +3.4% |
| The Arts District | $517.5K | $467.8K | -9.6% |
| Belmont | $740K | $599K | -19.1% |
Housing Supply in Villa Heights, NC
How many homes are available in Villa Heights, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 17 | -15.0% |
Summary: The Villa Heights real estate market had 17 homes for sale in November 2024, a 15.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Villa Heights housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
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 November 2024, the same as the previous 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 53 Days | +84.5% |
Summary: Homes in Villa Heights had an average of 53 days on market in Nov 2024, up by 84.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 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 November 2024, 6 homes were sold in Villa Heights; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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