Is Aberdeen, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Aberdeen has remained a Seller's Market.
Housing Prices in Aberdeen, NC
How much do homes in Aberdeen, NC cost?
Median Sold Price
$384,950
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Aberdeen was $384,950 in March 2024, up 5.4% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $425K | N/A |
2 Bedrooms | $263K | $284.9K | +8.3% |
3 Bedrooms | $305K | $323K | +5.9% |
4 Bedrooms | $400K | $435.9K | +9.0% |
5+ Bedrooms | $461.5K | $523.9K | +13.5% |
Summary: Aberdeen housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 13.5%.
Median Sold Price Compared To Nearby Cities
Southern Pines | $463.9K | $516.9K | +11.4% |
Aberdeen | $365.2K | $384.9K | +5.4% |
Pinehurst | $484.5K | $494.8K | +2.1% |
Housing Supply in Aberdeen, NC
How many homes are available in Aberdeen, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 79 | -12.2% |
Summary: The Aberdeen real estate market had 79 homes for sale in March 2024, a 12.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 30 | 27 | -10.0% |
4 Bedrooms | 45 | 38 | -15.6% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Aberdeen housing inventory by bedroom type for March 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 10%, 4 bedroom homes decreased by 15.6%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 24 | +84.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Aberdeen in March 2024, up by 84.6% month-over-month. Of the 24 sold homes, 29% were sold under asking, 63% were sold at asking, and 8% were sold over asking.
Days on Market for Aberdeen, NC
How long does it take to sell a home in Aberdeen, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 106 Days | +169.2% |
Summary: Homes in Aberdeen had an average of 106 days on market in Mar 2024, up by 169.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in Aberdeen; 33% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 54% of homes were sold over 90 days.