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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boomer is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Boomer, NC

How much do homes in Boomer, NC cost?

Median Sold Price

$291,250

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$31,250(+12.0%)

Key Takeaway

Homes in Boomer have sold for 12% more than they did a year ago.

Summary: The median home sold price in Boomer was $291,250 in February 2024, up 12% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$283.5K
N/A
2 $202.3K$144.9K
-28.4%
3 $257.5K$405K
+57.3%
4 $260K-
N/A
5+ $655K-
N/A

Summary: Boomer 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 28.4%, 3 bedroom homes increased by 57.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Boomer Township
+54.3%
Boomer
+12.0%

Housing Supply in Boomer, NC

How many homes are available in Boomer, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
440.0%

Summary: The Boomer real estate market had 4 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 11
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Jan 2024Feb 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boomer, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Boomer in February 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Boomer, NC

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

Breakdown of Home Sale Times

0 Homes Were 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

Avg time on Rocket Homes in Boomer has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Boomer; 0% of homes were sold within 30 days, 100% 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 27 Days Ago

Newest Listings in Boomer, NC

Nearby Markets to Boomer, NC

What housing markets are near Boomer, NC?