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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ogden is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Ogden has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ogden, NC

How much do homes in Ogden, NC cost?

Median Sold Price

$655,000

$260/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$106,000(+19.3%)

Key Takeaway

Homes in Ogden have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in Ogden was $655,000 in May 2024, up 19.3% from last year, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $250K$320K
+28.0%
3 $410.5K$500K
+21.8%
4 $597.5K$759K
+27.0%
5+ $768.5K$940K
+22.3%

Summary: Ogden 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 28%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 27%, and 5+ bedroom homes increased by 22.3%.

Housing Supply in Ogden, NC

How many homes are available in Ogden, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
4446+4.5%

Summary: The Ogden real estate market had 46 homes for sale in May 2024, a 4.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 22
0.0%
3 2221
-4.5%
4 1717
0.0%
5+ 36
+100.0%

Summary: The Ogden 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 4.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ogden, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Ogden in May 2024, up by 62.5% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.

Days on Market for Ogden, NC

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

Average Sale Time

May 2023May 2024CHANGE
33 Days73 Days+118.9%

Summary: Homes in Ogden had an average of 73 days on market in May 2024, up by 118.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 13 homes were sold in Ogden; 62% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 31% 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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