Is Hemby Bridge, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hemby Bridge is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Hemby Bridge was a Seller's Market.

Key Takeaway

Hemby Bridge is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hemby Bridge, NC

How much do homes in Hemby Bridge, NC cost?

Median Sold Price

$255,000

$165/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$75,000(-22.7%)

Key Takeaway

Homes in Hemby Bridge have sold for 22.7% less than they did a month ago.

Summary: The median home sold price in Hemby Bridge was $255,000 in May 2024, down 22.7% from last month, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $330K$255K
-22.7%
4 --
N/A
5+ --
N/A

Summary: Hemby Bridge housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hemby Bridge, NC

How many homes are available in Hemby Bridge, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
87-12.5%

Summary: The Hemby Bridge real estate market had 7 homes for sale in May 2024, a 12.5% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 76
-14.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Hemby Bridge 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 remained the same, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hemby Bridge, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Hemby Bridge in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Hemby Bridge, NC

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

Average Sale Time

Apr 2024May 2024CHANGE
6 Days3 Days-52.6%

Summary: Homes in Hemby Bridge had an average of 3 days on market in May 2024, down by 52.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 1 homes were sold in Hemby Bridge; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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