Efland Housing Market Report January 2025•Orange County, North Carolina

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Housing Prices in Efland, NC

How much do homes in Efland, NC cost?

Housing Market Conditions

Is Efland, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Efland is a Seller's Market

Difference Since December 2024

Last month, Efland has remained a Seller's Market.

Insight

Efland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$532,500$248/SqFt
+$270,500
+103.2%

Based on all homes sold in January 2025

Insight

Homes in Efland have sold for 103.2% more than they did a month ago.

Summary: The median home sold price in Efland was $532,500 in January 2025, up 103.2% from last month, and the median price per square foot was $248.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
2$235K$405K
+72.3%
3$292K$532.5K
+82.4%
4-$615K
N/A
5--
N/A
1--
N/A

Summary: Efland housing price by bedroom type for January 2025, compared to the previous year. The home price for 2 bedroom homes increased by +72.3%. The home price for 3 bedroom homes increased by +82.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change. The home price for 1 bedroom homes did not change.

Housing supply in Efland, NC

How many homes are available in Efland, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
15Last MonthJan 2025
192 months agoDec 2024
-21.1 %
Change MoMDec – Jan

Summary: The Efland real estate market had 15 homes for sale in Jan 2025, a 21.1 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthJan 2025
62 months agoDec 2024
0.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
231
-66.7%
3129
-25.0%
434
+33.3%
511
0.0%
100
0.0%

Summary: Efland housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes decreased by -25.0%. The inventory for 4 bedroom homes increased by +33.3%. The inventory for 5 bedroom homes remained the same. The inventory for 1 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Efland, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Efland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Efland in January 2025, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and and 17% were sold over asking.

Days on Market for Efland, NC

How long does it take to sell a home in Efland, NC?

Breakdown of Home Sale Times

Under 30 Days4 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in Efland are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 6 homes were sold in Efland; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
Last Month1 month agoChange MoM
25 DaysLast MonthJan 2025
59 Days1 month agoDec 2024
-58.1 %
Change MoMDec – Jan

Summary: Homes in Efland had an average listing age of 25 days in Jan 2025, down by 58.1% compared to the previous month.

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Newest Listings in Efland, NC

What homes are available in Efland, NC?

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MLS Disclaimers and Copyright

Based on information from Doorify MLS, Triad MLS Inc, and Alamance MLS for the period 12/01/2024 - 02/01/2025

IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Alamance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Information deemed reliable but not guaranteed. Copyright 2025 Alamance Multiple Listing Service Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/6/2025, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.