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

Housing Market Conditions



Gauge showing Bahama is a seller's market


Difference Since May 2023

Since last year, 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.

Housing Prices in Bahama, NC

How much do homes in Bahama, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2023


Key Takeaway

Homes in Bahama have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in Bahama was $510,000 in May 2024, up 4.3% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$210K
2 $385K$431K
3 $419.2K$493K
4 $603K$525K
5+ $1.4M-

Summary: Bahama housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lebanon Township
Mangum Township
Little River Township

Housing Supply in Bahama, NC

How many homes are available in Bahama, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE

Summary: The Bahama real estate market had 12 homes for sale in May 2024, a 7.7% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
2 12
3 117
4 13
5+ 00

Summary: The Bahama housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bahama, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bahama in May 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Bahama, NC

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

Average Sale Time

May 2023May 2024CHANGE
35 Days78 Days+122.2%

Summary: Homes in Bahama had an average of 78 days on market in May 2024, up by 122.2% compared to last year.

Breakdown of Home Sale Times

3 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 Bahama are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Bahama; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 12 Days Ago

Newest Listings in Bahama, NC

Nearby Markets to Bahama, NC

What housing markets are near Bahama, NC?