Is Yanceyville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yanceyville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Yanceyville has remained a Buyer's Market.

Key Takeaway

Yanceyville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Yanceyville, NC

How much do homes in Yanceyville, NC cost?

Median Sold Price

$285,000

$134/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$115,000(+67.6%)

Key Takeaway

Homes in Yanceyville have sold for 67.6% more than they did a month ago.

Summary: The median home sold price in Yanceyville was $285,000 in November 2024, up 67.6% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$85K
N/A
2 $170K-
N/A
3 --
N/A
4 -$285K
N/A
5+ --
N/A

Summary: Yanceyville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Yanceyville, NC

How many homes are available in Yanceyville, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2430+25.0%

Summary: The Yanceyville real estate market had 30 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 911
+22.2%
4 58
+60.0%
5+ 88
0.0%

Summary: The Yanceyville 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 increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yanceyville, 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 Yanceyville in November 2024, up by 200.0% month-over-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 Yanceyville, NC

How long does it take to sell a home in Yanceyville, NC?

Average Sale Time

Oct 2024Nov 2024CHANGE
8 Days65 Days+720.8%

Summary: Homes in Yanceyville had an average of 65 days on market in Nov 2024, up by 720.8% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yanceyville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Yanceyville; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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