Is Iredell 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, Iredell County has remained a Seller's Market.
Housing Prices in Iredell County, NC
How much do homes in Iredell County, NC cost?
Median Sold Price
$383,650
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Iredell County was $383,650 in April 2024, up 1.2% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $155K | -6.1% |
2 Bedrooms | $219.5K | $225K | +2.5% |
3 Bedrooms | $320.7K | $334.6K | +4.3% |
4 Bedrooms | $475K | $489.3K | +3.0% |
5+ Bedrooms | $523.3K | $510K | -2.5% |
Summary: Iredell County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.1%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 2.5%.
Median Sold Price Compared To Nearby Counties
Catawba County | $269.6K | $289.7K | +7.5% |
Alexander County | $258.5K | $272.5K | +5.4% |
Davie County | $287.6K | $300.1K | +4.3% |
Rowan County | $270K | $279.5K | +3.5% |
Iredell County | $379.2K | $383.6K | +1.2% |
Housing Supply in Iredell County, NC
How many homes are available in Iredell County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,034 | 1,115 | +7.8% |
Summary: The Iredell County real estate market had 1,115 homes for sale in April 2024, a 7.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 90 | 105 | +16.7% |
3 Bedrooms | 464 | 512 | +10.3% |
4 Bedrooms | 336 | 357 | +6.3% |
5+ Bedrooms | 142 | 139 | -2.1% |
Summary: The Iredell 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 16.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 2.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
241 | 218 | -9.5% |
Asking Price vs. Sold Price
115 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Summary: A total of 218 homes were sold or pending in Iredell County in April 2024, down by 9.5% month-over-month. Of the 218 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.
Days on Market for Iredell County, NC
How long does it take to sell a home in Iredell County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 48 Days | +23.0% |
Summary: Homes in Iredell County had an average of 48 days on market in Apr 2024, up by 23% compared to last year.
Breakdown of Home Sale Times
120 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
42 Homes Were Sold
Over 90 Days
Summary: During April 2024, 218 homes were sold in Iredell County; 55% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.