How does the housing market look in Newell South? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Newell South Charlotte, NC
Median Sale Price
$300,000
11.8%
New Listings
5
28.6%
Number of Homes Sold
5
66.7%
Median Days on Market
62
785.7%
Market Overview
All Home Types
In the last 30 days, homes for sale in Newell South, Charlotte, NC sold for a median price of $300,000, down 11.8% compared to the same period last year. The median price per square foot was $172.84, down 21.8% year-over-year. There were 5 homes sold, up from 3 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Newell South, Charlotte, NC was 12, up 33.3% compared to last year. In the last 30 days, 5 new homes were listed for sale, down 28.6% year-over-year. The median days on market was 62, up from 7 days last year. The months of supply was 0.8, up from 0.33 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Newell South, Charlotte, NC had a median sale-to-list-price ratio of 86.67%, down 13.3 pt compared to the same period last year. 0% of homes sold above list price, down 33.3 pt year-over-year. 80% of homes listed dropped in price, up 80 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Newell South
Allen Tate Mooresville/Lake Norman • MLS 3938813 • Status: Coming Soon
RE/MAX Executive • MLS 3935993 • Status: Active
Midtown Properties • MLS 3935494 • Status: Active
Red Cedar Realty LLC • MLS 3923410 • Status: Active
Future Home Realty Inc • MLS 3912991 • Status: Active