High Point North Carolina sits in northern North Carolina, an hour north of Charlotte and an hour a half east of Raleigh. Just over 112,000 people call High Point home. High Point is in Guilford County, though sections of the city also sit in Randolph, Davidson, and Forsyth counties. It’s the only city in the state that sits in four counties.
The city spans just over 55.4 square miles and borders Greensboro, Jamestown and Archdale.
Twice a year an estimated 100,000 exhibitors and buyers from around the world descend on the city to take part in the High Point Furniture Market. The event is open to industry professionals, designers, and retailers. The events bring in a substantial amount of business to the community.
Travelers can access I-85 and I-174 within a few minutes. The city is home to the High Point Amtrack Station which High Point with major cities like New York, Atlanta, Charlotte, Baltimore, Philadelphia, and Birmingham. Residents can also enjoy access to the PART shuttle or the Hi Tran bus line.
Understanding the neighborhood where you’ll buy or sell a property is critical. There’s a well-known phrase in the real estate industry: location, location, location. When you’re buying or selling a property, the one thing that can’t be changed is the location. You’ll want to choose wisely. If you’re selling your property, highlighting the benefits of your neighborhood is a great way to attract buyers. If you’re purchasing a house, taking a closer look at the community will help you understand the market and investment potential more clearly.
Need to sell your home fast? Get an offer from Brick, fast!
Whether you’re moving on a deadline or just want to speed up the sales process to move on faster, we can help. We offer:
Fast, fair offers: The average home sits on the market between 25 and 30 days. Once your home is under contract, it can take 45 days to close. At Brick, we’ll make a fair, cash offer within days.
No closing costs: Selling a home can cost several thousand dollars when you factor in realtor fees, closing costs, and repairs. You won’t have any of those expenses when you sell to Brick.
No walkthroughs: Don’t worry about scheduling open houses or walkthroughs. We buy homes as-is. We also buy properties in any condition.
Close in days: Instead of waiting a month or more to complete your sale and move on, sell to Brick. Once you accept the cash offer, we can close the deal within days.
Housing Market Trends in High Point, North Carolina
Housing prices are on the rise in High Point. The market is less competitive in High Point than some larger cities, but some homes still receive multiple offers, and the typical house sells for 2% above the asking price. The median sales prices increased 17.4% between 2021 and 2022. The median sales price in High Point is $229,000 and the typical home stays on the market for about 23 days. At the same time last year, the average sales price for a home in the city was $190,000 and homes stayed on the market for 25 days.
Sale prices have continued to increase over the last five years. In May of 2017, the median sales price for a house in High Point was $132,000 and homes stayed on the market for 32 days.
Peak home sales occur between April and July each year, while December and January see the lowest number of sales.
Tips for Selling Your Home Fast:
Significant life changes don’t always come at the most convenient times. Selling your home may be a desire, or it might be necessary. Whether you’ve decided to start a new life across the country on a tight deadline or you’re just ready to ditch your investment properties, managing your sale the right way is essential. Check out these helpful articles for navigating the quick sale of your house:
- Need to sell a home quickly to avoid foreclosure?
- When you need to sell your home fast, what are your options?
- How to sell a house that needs work when you don’t want to do it.
Critical Tips for Selling Your Home:
Selling your home(s) can be difficult, but it doesn’t have to feel overwhelming. Taking a few minutes to prepare yourself for the sales process can be effective when it comes time to part with your house. Here are a few things to consider:
Why are you selling?
Before you list your house or contact us for a cash offer, it helps to know why you’re selling your home. Identifying the why helps with the sales process, including setting expectations for a sales price. It can also help you emotionally process the transaction to let go of your property.
Sellers offloading an inherited property, downsizing, going through retirement, or selling because of a divorce, should consider whether their emotional attachment could make the sales process more difficult. We’ve noticed that buyers who are overly passionate about the sale are more likely to:
- Ignore staging advice
- Overprice the home
- Respond irrationally to lower offers or requests for repairs
- Fail to market to their target audience
If you’re selling because you want to liquidate your investment properties, you may need to consciously withdraw the idea of control over what happens to the property once you sell.
What are your selling needs?
Once you’ve identified why you’re selling and identified ways to emotionally detach from the sales process, it’s time to think about your needs during the sales process. Which of these are concerns you have about your upcoming move?
- Cost of relocation
- Access to equity in your property
- Ability to provide seller financing
- Time to pack and move
- Cost of realtor fees and closing costs
- Cost of repairs
- Finding a buyer to purchase the property as-is
- Desire or ability to manage walkthroughs and appraisals
Many sellers spend as much as 10% of their sales price on repairs, fees, and closing costs. Are you comfortable or able to let go of that money to sell your home on the traditional market? If your home needs extensive repairs, you may need to pay for repairs or make concessions on the sale price. If you’d rather avoid appraisals and negotiating with buyers, selling your home for cash could be better.
Prepare for signing and closing
One of the most anticipated parts of selling a house is signing and closing. This final step makes everything official. The process can be a little different depending on whether you sell your home through the traditional market or with an ibuyer.
If you sell your home on the traditional market, the sale can fall through at any point before closing. Complications with appraisal or funding could delay a sale. In worst-case scenarios, a deal could entirely fall through if a buyer isn’t approved for financing, or the lender refuses to fund the loan because the property appraises for less than the offered amount.
You’ll meet with the lender and the buyers during closing and sign paperwork to finalize the sale. Before the final paperwork, your property undergoes an appraisal and inspection. The agent will do a title search, and you’ll complete any repairs or other concessions. Once the closing paperwork is filed and the title is transferred into the seller’s name, the home is no longer yours.
When you work with an ibuyer, the closing process is different. The process is much faster because there are fewer hoops to jump through. We offer more flexibility for sellers, including the ability to control when you move out. We don’t require inspections or appraisals, and you won’t have to worry about our financing falling through. We can help you sell your home in days instead of weeks.
What does High Point, North Carolina have to offer?
High Point has unique entertainment and outdoor opportunities. Especially if you’re interested in quirky sites like the World’s Largest Chest of Drawers or Lydia’s Bridge. Historical sites, local lore, and popular outdoor hikes offer fun places to pass the time. There are also options for camping if you really want to get back to nature.
High Point is home to High Point University and found near the University of North Carolina Greensboro.
Popular attractions in and near High Point include:
- High Point City Lake Park
- All-A-Flutter Butterfly Farm
- World’s Largest Chest of Drawers
- High Point Rockers
- High Point Community Theatre
- Oak Hollow Festival Park
- Piedmont Environmental Center
- Oak Hollow Golf Course
- Kersey Valley Spookwoods
- Wet ‘n Wild Emerald Pointe Water Park
- High Point Museum
- Bicentennial Greenway
- Kersey Valley Zipline
- Nido & Mariana Qubein Children’s Museum
- Oak Hollow Festival Park
- Gibson Park
- Oak Hollow Lake
- Kersey Valley Escape
- Abbotts Creek
- Kernersville Mountain Bike Park
- The Big Chair
- Lydia’s Bridge
- Carolina Field of Honor
- Kerner’s Folly