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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Bethel has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bethel, NC

How much do homes in Bethel, NC cost?

Median Sold Price

$108,000

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$13,000(+13.7%)

Key Takeaway

Homes in Bethel have sold for 13.7% more than they did a year ago.

Summary: The median home sold price in Bethel was $108,000 in February 2024, up 13.7% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $55K$20K
-63.6%
3 $116.5K$172.5K
+48.1%
4 $205K$145.5K
-29.0%
5+ $365K-
N/A

Summary: Bethel housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 63.6%, 3 bedroom homes increased by 48.1%, 4 bedroom homes decreased by 29%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bethel
+13.7%
Bethel Township
+5.0%

Housing Supply in Bethel, NC

How many homes are available in Bethel, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
119-18.2%

Summary: The Bethel real estate market had 9 homes for sale in February 2024, a 18.2% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 65
-16.7%
4 32
-33.3%
5+ 11
0.0%

Summary: The Bethel housing inventory by bedroom type for February 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 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel, 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 Bethel in February 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Bethel, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
41 Days32 Days-22.9%

Summary: Homes in Bethel had an average of 32 days on market in Feb 2024, down by 22.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 2 homes were sold in Bethel; 50% of homes were sold within 30 days, 50% 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 28 Days Ago

Newest Listings in Bethel, NC

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