Mike Hege's Market Report

Huntersville, NC 28078

Single-Family Homes

Pridemore Team at Compass | 704-491-9445 | mike.hege@compass.com



Huntersville, NC 28078

Mon Dec 04 2023
This week the median list price for Huntersville, NC 28078 is $573,222 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has decreased to 70. Click here to stay informed with the Huntersville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Huntersville, NC 28078

Mon Dec 04 2023
This week the median list price for Huntersville, NC 28078 is $573,222 with the market action index hovering around 53. This is an increase over last month's market action index of 51. Inventory has decreased to 70. Click here to stay informed with the Huntersville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Huntersville market.
Median List Price $573,222
Median Price of New Listings $532,335
Per Square Foot $220
Average Days on Market 60
Median Days on Market 35
Price Decreased 59%
Price Increased 1%
Relisted 6%
Inventory 70
Median Rent
Market Action 53
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$895,000 3,916 0.25 - 0.5 acre 4 4 14 1 5 70
$650,000 2,539 0.25 - 0.5 acre 4 2.5 8 0 2 35
$529,400 2,560 6,500 - 8,000 sqft 4 2.5 10 6 4 24
$404,950 1,911 0.25 - 0.5 acre 3 2.5 24 1 5 31