Is Swansboro, 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, Swansboro has remained a Seller's Market.
Key Takeaway
Swansboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Swansboro, NC
How much do homes in Swansboro, NC cost?
Median Sold Price
$375,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Swansboro have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Swansboro was $375,000 in May 2024, up 15.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $216.9K | $246.2K | +13.5% |
| 3 Bedrooms | $324K | $343K | +5.9% |
| 4 Bedrooms | $402.9K | $481K | +19.4% |
| 5+ Bedrooms | $445.5K | $470K | +5.5% |
Summary: Swansboro 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 13.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
| White Oak Township | $477.1K | $601K | +26.0% |
| Swansboro | $346.5K | $400.7K | +15.6% |
| Swansboro | $325K | $375K | +15.4% |
| Swansboro Township | $262.6K | $282K | +7.4% |
| Hubert | $237.8K | $250.1K | +5.2% |
Housing Supply in Swansboro, NC
How many homes are available in Swansboro, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 94 | 101 | +7.4% |
Summary: The Swansboro real estate market had 101 homes for sale in May 2024, a 7.4% increase 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 | 8 | 10 | +25.0% |
| 3 Bedrooms | 42 | 42 | 0.0% |
| 4 Bedrooms | 37 | 42 | +13.5% |
| 5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Swansboro 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 15 | 27 | +80.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Swansboro, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Swansboro in May 2024, up by 80.0% month-over-month. Of the 27 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for Swansboro, NC
How long does it take to sell a home in Swansboro, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 26 Days | 31 Days | +22.9% |
Summary: Homes in Swansboro had an average of 31 days on market in May 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Swansboro are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 27 homes were sold in Swansboro; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
