Is Broadway, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Broadway was a Seller's Market.
Housing Prices in Broadway, NC
How much do homes in Broadway, NC cost?
Median Sold Price
$295,900
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Broadway was $295,900 in April 2024, up 3.9% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $237.4K | +18.7% |
3 Bedrooms | $282K | $294.9K | +4.6% |
4 Bedrooms | $315K | $367.5K | +16.7% |
5+ Bedrooms | $362.5K | $450K | +24.1% |
Summary: Broadway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 24.1%.
Median Sold Price Compared To Nearby Cities
Upper Little River Township | $304.5K | $342K | +12.3% |
Broadway | $284.9K | $295.9K | +3.9% |
Broadway | $287.4K | $295.4K | +2.8% |
Housing Supply in Broadway, NC
How many homes are available in Broadway, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 36 | +33.3% |
Summary: The Broadway real estate market had 36 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 15 | 22 | +46.7% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Broadway housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 46.7%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Broadway in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.
Days on Market for Broadway, NC
How long does it take to sell a home in Broadway, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
62 Days | 71 Days | +14.3% |
Summary: Homes in Broadway had an average of 71 days on market in Apr 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Broadway; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.