Question 1

What is the median sold price in Meldal Beach?

Accepted Answer

The median sold price in Meldal Beach is $25,000 based on 3 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Meldal Beach?

Accepted Answer

The average sold price in Meldal Beach is $128,000. Note that the average ($128,000) is higher than the median ($25,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Meldal Beach?

Accepted Answer

Home prices in Meldal Beach range from $23,000 to $336,000 based on recent sales data. This $313,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Meldal Beach selling above or below asking price?

Accepted Answer

On average, homes in Meldal Beach are selling at 94.8% of their asking price. This means buyers have significant negotiating power, with homes selling well below asking price. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Meldal Beach?

Accepted Answer

Homes in Meldal Beach are selling in an average of 92 days. This indicates a slower market where buyers have significant leverage. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Meldal Beach?

Accepted Answer

The average price per square foot in Meldal Beach is $234. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $468,000.

Question 7

How active is the real estate market in Meldal Beach?

Accepted Answer

The Meldal Beach market has seen 3 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Meldal Beach?

Accepted Answer

The most common property types selling in Meldal Beach are: vacant lot (2 sold, avg $24,000), recreational (1 sold, avg $336,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Meldal Beach?

Accepted Answer

Home prices in Meldal Beach have increased by 8.7% over the past 2 years. The average sold price moved from $23,000 to $25,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Meldal Beach a buyer's or seller's market?

Accepted Answer

Based on current data, Meldal Beach is a buyer's market. Homes are selling in 92 days on average and at 94.8% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 11

What percentage of homes sell above asking price in Meldal Beach?

Accepted Answer

In Meldal Beach, 0% of homes sold above asking price, while 67% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What are the average property taxes in Meldal Beach?

Accepted Answer

The average annual property tax in Meldal Beach is $741, with a median of $224. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Meldal Beach?

Accepted Answer

Homes selling in Meldal Beach range from 1,434 to 1,434 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Meldal Beach?

Accepted Answer

Meldal Beach shows high price diversity with a standard deviation of $147,080 around the average price of $128,000. This wide range indicates a diverse market with options at many price points.

Question 15

How do I find out how much a house sold for in Meldal Beach?

Accepted Answer

Simply search our Meldal Beach sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 16

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Meldal Beach will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 17

Do you show all MLS® sold listings for Meldal Beach?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Meldal Beach. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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Sold Data & Market Statistics for Meldal Beach

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