Is Bogue Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bogue Township has remained a Seller's Market.
Key Takeaway
Bogue Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bogue Township, NC
How much do homes in Bogue Township, NC cost?
Median Sold Price
$289,900
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bogue Township have sold for 27.1% more than they did a year ago.
Summary: The median home sold price in Bogue Township was $289,900 in March 2024, up 27.1% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162.5K | - | N/A |
| 2 Bedrooms | $96K | $128K | +33.3% |
| 3 Bedrooms | $210K | $300K | +42.9% |
| 4 Bedrooms | $480K | $289.9K | -39.6% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bogue Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 39.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bogue Township | $228K | $289.9K | +27.1% |
| Waccamaw Township | $295K | $284.7K | -3.5% |
| Lake Waccamaw | $400K | $319.5K | -20.1% |
Housing Supply in Bogue Township, NC
How many homes are available in Bogue Township, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Summary: The Bogue Township real estate market had 8 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bogue Township 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 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bogue Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bogue Township in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bogue Township, NC
How long does it take to sell a home in Bogue Township, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 72 Days | 81 Days | +12.4% |
Summary: Homes in Bogue Township had an average of 81 days on market in Mar 2024, up by 12.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bogue Township has remained consistent over time.
Summary: During March 2024, 2 homes were sold in Bogue Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.