Northwest, NC

Buyer's market-3.4% YoY

Housing market overview · Updated weekly

$334,288median sale price

Homes sold

2

Last 12 weeks

Days on market

178

Average pace

Active listings

17

8.5 months supply

Sale-to-list

95.3%

Below asking

The Northwest housing market is currently classified as a buyer's market with a median sale price of $334,288. Prices have fallen 3.4% compared to last year, with homes spending an average of 178 days on market, indicating 8.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Northwest

There are currently 17 homes listed for sale in Northwest, North Carolina. The median listing price is $364K.

Active listings

17

Homes on market

Median list price

$364K

Avg. days on market

178

Days until sale

New this week

5

Newly listed

Price drops:47.1%of listings
Sale-to-list:95.3%

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Frequently asked questions

What is the average home price in Northwest?

The median home sale price in Northwest is $334,288, down 3.4% from last year.

How long do homes stay on market in Northwest?

Homes typically spend 178 days on market before going under contract.

Is Northwest a buyer's or seller's market?

With 8.5 months of supply, Northwest is currently a buyer's market.

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