Is Admirals Quarters, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Admirals Quarters is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Admirals Quarters has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Admirals Quarters, NC

How much do homes in Admirals Quarters, NC cost?

Median Sold Price

$372,000

$343/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$78,200(+26.6%)

Key Takeaway

Homes in Admirals Quarters have sold for 26.6% more than they did a month ago.

Summary: The median home sold price in Admirals Quarters was $372,000 in April 2024, up 26.6% from last month, and the median price per square foot was $343.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $244K$346K
+41.8%
3 $369.4K$995K
+169.4%
4 --
N/A
5+ --
N/A

Summary: Admirals Quarters housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.8%, 3 bedroom homes increased by 169.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Admirals Quarters, NC

How many homes are available in Admirals Quarters, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
10100.0%

Summary: The Admirals Quarters real estate market had 10 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 77
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Admirals Quarters 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Admirals Quarters, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Admirals Quarters in April 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Admirals Quarters, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
179 Days37 Days-79.0%

Summary: Homes in Admirals Quarters had an average of 37 days on market in Apr 2024, down by 79% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 3 homes were sold in Admirals Quarters; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

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