Is Macclesfield, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Macclesfield has remained a Seller's Market.
Key Takeaway
Macclesfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Macclesfield, NC
How much do homes in Macclesfield, NC cost?
Median Sold Price
$179,000
$91/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Macclesfield have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Macclesfield was $179,000 in May 2024, up 5.4% from last year, and the median price per square foot was $91.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169.9K | - | N/A |
| 2 Bedrooms | $150K | $109.9K | -26.7% |
| 3 Bedrooms | $162.7K | $209.7K | +28.9% |
| 4 Bedrooms | $231K | $663.7K | +187.3% |
| 5+ Bedrooms | - | $179K | N/A |
Summary: Macclesfield housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 187.3%, and 5+ bedroom homes did not change.
Housing Supply in Macclesfield, NC
How many homes are available in Macclesfield, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Summary: The Macclesfield real estate market had 5 homes for sale in May 2024, a 150.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 0 | 1 | +100.0% |
| 4 Bedrooms | 0 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Macclesfield housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Macclesfield, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Macclesfield in May 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Macclesfield, NC
How long does it take to sell a home in Macclesfield, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 124 Days | 8 Days | -93.0% |
Summary: Homes in Macclesfield had an average of 8 days on market in May 2024, down by 93% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Macclesfield are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Macclesfield; 100% 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.
