Is Badin, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Badin is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Badin, NC

How much do homes in Badin, NC cost?

Median Sold Price

$169,500

$131/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$34,500(+25.6%)

Key Takeaway

Homes in Badin have sold for 25.6% more than they did a month ago.

Summary: The median home sold price in Badin was $169,500 in March 2024, up 25.6% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $110K$169K
+53.6%
3 $160K$170K
+6.3%
4 --
N/A
5+ --
N/A

Summary: Badin housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 53.6%, 3 bedroom homes increased by 6.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Badin, NC

How many homes are available in Badin, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
880.0%

Summary: The Badin real estate market had 8 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Badin 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Badin, 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 Badin in March 2024, the same as the previous 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 Badin, NC

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

Average Sale Time

Feb 2024Mar 2024CHANGE
73 Days7 Days-89.8%

Summary: Homes in Badin had an average of 7 days on market in Mar 2024, down by 89.8% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Badin; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Badin, NC

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What housing markets are near Badin, NC?