Is Bahama, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Bahama has remained a Seller's Market.
Key Takeaway
Bahama is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Bahama, NC cost?
Median Sold Price
$520,000
$189/sqft
Based on all homes sold in May 2023.
Difference Since Last Month
-$70,000(-11.9%)
Key Takeaway
Homes in Bahama have sold for 11.9% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $377.5K | $520K | +37.7% |
| 4 Bedrooms | $670K | - | N/A |
| 5+ Bedrooms | $1.4M | - | N/A |
Median Sold Price Compared To Nearby Cities
| Rougemont | $344K | $426.7K | +24.1% |
| Bahama | $590K | $520K | -11.9% |
| Little River Township | $775K | $420K | -45.8% |
How many homes are available in Bahama, NC?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 13 | 8 | -38.5% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bahama, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
How long does it take to sell a home in Bahama, NC?
How long does it take to sell a home in Bahama, NC?
Average Sale Time
| Apr 2023 | May 2023 | % |
|---|---|---|
| 11 Days | 1 Days | -85.4% |
Breakdown of Home Sale Times
3 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 Bahama are selling fast, if you're buying plan to act quickly.
Copyright © 2023 Triangle MLS, Inc. of North Carolina. All rights reserved.