Arden, NC Home Values & Market Trends
Real estate market trends reflect that there have been 372 transactions over the past year in Arden. The median value for residential home transactions that occurred over the previous year is $451,213.51. The number of current listings in Arden is 58, and the percentage of properties for sale in the city is 58.00%. Arden, NC currently has 4 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 58 properties for sale.
Arden, NC Real Estate Market Overview
Zip | Median Est. Value |
---|---|
28704 | $ 556,648 $ 255/sqft |
Housing Market Summary for Arden, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $429K | $444.9K | 3.70% |
Median Sold Price | $429.6K | $444.9K | 3.56% |
Homes For Sale | 47 | 40 | -14.89% |
Homes Sold | 189 | 161 | -14.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Arden, NC
Browse Homes in Arden, NC
Arden home values range from $39,243 to $13,800,000. The median estimated value of a home in Arden is $451,213.51. The median list price of a home is 454,500, and the total count of properties in the city is 7,005.
- Pre-ForeclosurePre-foreclosure homes account for 0.04% of all residential properties in Arden, NC with 28704 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Arden, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,578,850 in 28704 to the lowest home value of $365,821 in 28704.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Arden, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Arden, NC. There is 1 zips within Arden, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28704 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Arden, NC. Auction homes and other auction properties account for 0.01% of all properties in Arden, NC. There is 1 zips within Arden, NC; of that zips, the median estimated home value for homes going to auction ranges from $190,000 in 28704 to the lowest value of $190,000 in 28704.
Compare Nearby Cities
More Real Estate Resources for Arden, NC
Guide for Arden, NC
North Carolina Foreclosure Laws
A look at the Asheville’s real estate market trends from May 2023 to March 2024, highlighting key trends and dynamics in home values, sale prices, and supply.
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.