Search Granite Falls homes for sale with real estate expert, The Joan Killian Everett Company.
The Granite Falls housing market is moderately competitive. Last month, the median home sale price in Granite Falls reached $287K, reflecting a significant 25.9% increase compared to the previous year. Additionally, the median price per square foot rose by 26.7%, now standing at $192.
Median Sale Price
Median Sale Price per Sq. Ft.
Days on Market
Total Homes Sold
In November 2024, home prices in Granite Falls saw a substantial increase of 25.9% compared to the previous year, with a median sale price of $287K. However, homes are taking longer to sell, spending an average of 79 days on the market compared to just 25 days last year. Despite this slower pace, sales volume increased, with 7 homes sold in November 2024, up from 4 the year prior. This indicates growing interest in the area, making it an appealing option for both buyers and sellers looking to navigate this evolving market.
Granite Falls is a moderately competitive market, where homes typically sell within 69 days. Some properties receive multiple offers, reflecting buyer interest. On average, homes sell for about 2% below the list price and go under contract in approximately 69 days. However, highly desirable "hot homes" often sell for around 1% above the list price and can go pending in as little as 33 days. This mix of opportunities makes it a market worth exploring for both buyers and sellers.
In November 2024, Granite Falls, NC, was a balanced market, where the supply of homes closely matched the demand. This equilibrium creates a fair environment for both buyers and sellers, ensuring steady pricing and reasonable negotiation opportunities. For buyers, this means more time to consider options without intense competition, while sellers can expect a stable level of interest in their properties. It’s an ideal market for those looking for a balanced and predictable real estate experience.
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