Is Hurdle Mills, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Hurdle Mills was a Buyer's Market.
Key Takeaway
Hurdle Mills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hurdle Mills, NC
How much do homes in Hurdle Mills, NC cost?
Median Sold Price
$395,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hurdle Mills have sold for 1% less than they did a year ago.
Summary: The median home sold price in Hurdle Mills was $395,000 in May 2024, down 1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $270K | N/A |
| 2 Bedrooms | $358.7K | $305K | -15.0% |
| 3 Bedrooms | $335.2K | $395K | +17.8% |
| 4 Bedrooms | $499.9K | - | N/A |
| 5+ Bedrooms | - | $660.4K | N/A |
Summary: Hurdle Mills 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 decreased by 15%, 3 bedroom homes increased by 17.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bushy Fork Township | $290.7K | $332.4K | +14.4% |
| Flat River Township | $343.9K | $368.7K | +7.2% |
| Hurdle Mills | $399K | $395K | -1.0% |
| Little River Township | $439.9K | $393.5K | -10.5% |
| Cedar Grove | $402.5K | $359.5K | -10.7% |
Housing Supply in Hurdle Mills, NC
How many homes are available in Hurdle Mills, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Summary: The Hurdle Mills real estate market had 7 homes for sale in May 2024, a 30.0% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 4 | -50.0% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hurdle Mills 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 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hurdle Mills, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Hurdle Mills in May 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Hurdle Mills, NC
How long does it take to sell a home in Hurdle Mills, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 59 Days | 11 Days | -80.5% |
Summary: Homes in Hurdle Mills had an average of 11 days on market in May 2024, down by 80.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hurdle Mills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Hurdle Mills; 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.
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