Is Douglas Byrd, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Douglas Byrd has remained a Seller's Market.
Key Takeaway
Douglas Byrd is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Douglas Byrd, NC
How much do homes in Douglas Byrd, NC cost?
Median Sold Price
$189,170
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Douglas Byrd have sold for 14.1% more than they did a year ago.
Summary: The median home sold price in Douglas Byrd was $189,170 in May 2024, up 14.1% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $83K | N/A |
| 2 Bedrooms | $105K | $137.1K | +30.6% |
| 3 Bedrooms | $162.5K | $185K | +13.8% |
| 4 Bedrooms | $213K | $229.4K | +7.7% |
| 5+ Bedrooms | $263K | $280K | +6.5% |
Summary: Douglas Byrd housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.6%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Drake Park | $140K | $174.7K | +24.8% |
| Bordeaux | $140K | $165K | +17.9% |
| Douglas Byrd | $165.7K | $189.1K | +14.1% |
Housing Supply in Douglas Byrd, NC
How many homes are available in Douglas Byrd, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 138 | 121 | -12.3% |
Summary: The Douglas Byrd real estate market had 121 homes for sale in May 2024, a 12.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 106 | 90 | -15.1% |
| 4 Bedrooms | 17 | 21 | +23.5% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Douglas Byrd housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 | 37 | -21.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Douglas Byrd, you may be able to get a good deal. 40.5% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Douglas Byrd in May 2024, down by 21.3% month-over-month. Of the 37 sold homes, 41% were sold under asking, 22% were sold at asking, and 38% were sold over asking.
Days on Market for Douglas Byrd, NC
How long does it take to sell a home in Douglas Byrd, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 42 Days | 22 Days | -46.1% |
Summary: Homes in Douglas Byrd had an average of 22 days on market in May 2024, down by 46.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Douglas Byrd are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 37 homes were sold in Douglas Byrd; 81% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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