Is Yanceyville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Yanceyville was a Seller's Market.
Key Takeaway
Yanceyville is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Yanceyville, NC
How much do homes in Yanceyville, NC cost?
Median Sold Price
$315,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Yanceyville have sold for 75% more than they did a year ago.
Summary: The median home sold price in Yanceyville was $315,000 in May 2024, up 75% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $60K | - | N/A |
| 2 Bedrooms | $97.5K | $60K | -38.5% |
| 3 Bedrooms | $180K | $245K | +36.1% |
| 4 Bedrooms | $400K | $410.4K | +2.6% |
| 5+ Bedrooms | - | $215K | N/A |
Summary: Yanceyville 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 38.5%, 3 bedroom homes increased by 36.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Yanceyville | $180K | $315K | +75.0% |
| Yanceyville Township | $200K | $300K | +50.0% |
| Milton Township | $395K | $542.5K | +37.3% |
Housing Supply in Yanceyville, NC
How many homes are available in Yanceyville, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Summary: The Yanceyville real estate market had 13 homes for sale in May 2024, a 7.1% decrease 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 | 11 | 10 | -9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Yanceyville 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 decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
2 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 Yanceyville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Yanceyville in May 2024, down by 50.0% month-over-month. Of the 2 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 48 Days | 33 Days | -30.6% |
Summary: Homes in Yanceyville had an average of 33 days on market in May 2024, down by 30.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Yanceyville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Yanceyville; 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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