Is Randolph County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Randolph County has remained a Seller's Market.
Housing Prices in Randolph County, NC
How much do homes in Randolph County, NC cost?
Median Sold Price
$255,807
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Randolph County was $255,807 in April 2024, up 5.4% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $140K | +75.0% |
2 Bedrooms | $160K | $182K | +13.8% |
3 Bedrooms | $245K | $267K | +9.0% |
4 Bedrooms | $358K | $319K | -10.9% |
5+ Bedrooms | $341.9K | $400K | +17.0% |
Summary: Randolph County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 13.8%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 10.9%, and 5+ bedroom homes increased by 17%.
Median Sold Price Compared To Nearby Counties
Randolph County | $242.7K | $255.8K | +5.4% |
Davidson County | $259.5K | $272.6K | +5.0% |
Montgomery County | $214.7K | $225K | +4.8% |
Guilford County | $283.7K | $290K | +2.2% |
Alamance County | $319.3K | $315.3K | -1.2% |
Housing Supply in Randolph County, NC
How many homes are available in Randolph County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
309 | 323 | +4.5% |
Summary: The Randolph County real estate market had 323 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 60 | 63 | +5.0% |
3 Bedrooms | 180 | 186 | +3.3% |
4 Bedrooms | 54 | 55 | +1.9% |
5+ Bedrooms | 12 | 16 | +33.3% |
Summary: The Randolph County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
72 | 84 | +16.7% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 84 homes were sold or pending in Randolph County in April 2024, up by 16.7% month-over-month. Of the 84 sold homes, 57% were sold under asking, 17% were sold at asking, and 26% were sold over asking.
Days on Market for Randolph County, NC
How long does it take to sell a home in Randolph County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 36 Days | +30.8% |
Summary: Homes in Randolph County had an average of 36 days on market in Apr 2024, up by 30.8% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 84 homes were sold in Randolph County; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.