Is Yadkin Valley Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yadkin Valley Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Yadkin Valley Township has remained a Seller's Market.

Key Takeaway

Yadkin Valley Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Yadkin Valley Township, NC

How much do homes in Yadkin Valley Township, NC cost?

Median Sold Price

$424,900

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$44,900(+11.8%)

Key Takeaway

Homes in Yadkin Valley Township have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Yadkin Valley Township was $424,900 in May 2024, up 11.8% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$459K
N/A
2 $330K$422.5K
+28.0%
3 $430K$417.4K
-2.9%
4 $725K-
N/A
5+ --
N/A

Summary: Yadkin Valley Township 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 28%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Yadkin Valley Township, NC

How many homes are available in Yadkin Valley Township, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
54-20.0%

Summary: The Yadkin Valley Township real estate market had 4 homes for sale in May 2024, a 20.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 31
-66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Yadkin Valley 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 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yadkin Valley Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Yadkin Valley Township in May 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Yadkin Valley Township, NC

How long does it take to sell a home in Yadkin Valley Township, NC?

Average Sale Time

May 2023May 2024CHANGE
14 Days2 Days-82.1%

Summary: Homes in Yadkin Valley Township had an average of 2 days on market in May 2024, down by 82.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yadkin Valley Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 2 homes were sold in Yadkin Valley Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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