Is Ivy Hill Township, 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, Ivy Hill Township has remained a Seller's Market.
Key Takeaway
Ivy Hill Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Ivy Hill Township, NC
How much do homes in Ivy Hill Township, NC cost?
Median Sold Price
$400,000
$272/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ivy Hill Township have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Ivy Hill Township was $400,000 in May 2024, up 9.6% from last year, and the median price per square foot was $272.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $270K | +63.6% |
| 2 Bedrooms | $323.9K | $367.5K | +13.5% |
| 3 Bedrooms | $425K | $495K | +16.5% |
| 4 Bedrooms | $585K | $480K | -17.9% |
| 5+ Bedrooms | $610.5K | $687K | +12.5% |
Summary: Ivy Hill Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.6%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 17.9%, and 5+ bedroom homes increased by 12.5%.
Median Sold Price Compared To Nearby Cities
| Waynesville | $329.5K | $404.6K | +22.8% |
| Waynesville Township | $355K | $406.8K | +14.6% |
| Jonathan Creek Township | $326.5K | $365K | +11.8% |
| Ivy Hill Township | $365K | $400K | +9.6% |
| Maggie Valley | $374K | $401.5K | +7.4% |
Housing Supply in Ivy Hill Township, NC
How many homes are available in Ivy Hill Township, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 87 | 108 | +24.1% |
Summary: The Ivy Hill Township real estate market had 108 homes for sale in May 2024, a 24.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 44 | 46 | +4.5% |
| 3 Bedrooms | 27 | 41 | +51.9% |
| 4 Bedrooms | 10 | 13 | +30.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Ivy Hill Township 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 4.5%, 3 bedroom homes increased by 51.9%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 22 | +83.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ivy Hill Township, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Ivy Hill Township in May 2024, up by 83.3% month-over-month. Of the 22 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for Ivy Hill Township, NC
How long does it take to sell a home in Ivy Hill Township, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 25 Days | 59 Days | +132.9% |
Summary: Homes in Ivy Hill Township had an average of 59 days on market in May 2024, up by 132.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ivy Hill Township are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 22 homes were sold in Ivy Hill Township; 41% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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Copyright © 2024 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.