Is Long View, 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, Long View was a Seller's Market.
Key Takeaway
Long View is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Long View, NC
How much do homes in Long View, NC cost?
Median Sold Price
$195,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Long View have sold for 13% more than they did a year ago.
Summary: The median home sold price in Long View was $195,000 in May 2024, up 13% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | - | N/A |
| 2 Bedrooms | $150K | $155.9K | +4.0% |
| 3 Bedrooms | $189.9K | $243.7K | +28.4% |
| 4 Bedrooms | $203.5K | $197.5K | -2.9% |
| 5+ Bedrooms | - | $937.5K | N/A |
Summary: Long View 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 increased by 4%, 3 bedroom homes increased by 28.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hickory Township | $250K | $288K | +15.2% |
| Long View | $172.5K | $195K | +13.0% |
| Hickory | $259K | $289.3K | +11.7% |
| Icard Township | $190K | $205K | +7.9% |
Housing Supply in Long View, NC
How many homes are available in Long View, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 36 | +20.0% |
Summary: The Long View real estate market had 36 homes for sale in May 2024, a 20.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Long View 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 increased by 100%, 3 bedroom homes increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Long View, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Long View in May 2024, the same as the previous month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Long View, NC
How long does it take to sell a home in Long View, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 14 Days | 48 Days | +227.3% |
Summary: Homes in Long View had an average of 48 days on market in May 2024, up by 227.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Long View are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Long View; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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