Is Broadbay Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Broadbay Township is a seller's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

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

Housing Prices in Broadbay Township, NC

How much do homes in Broadbay Township, NC cost?

Median Sold Price

$271,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$1,050(+0.4%)

Key Takeaway

The sold price of homes in Broadbay Township has remained the same since last year.

Summary: The median home sold price in Broadbay Township was $271,000 in June 2024, up 0.4% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
N/A
2 $209.5K$184.8K
-11.8%
3 $260.9K$261.5K
0.2%
4 $320K$323.5K
+1.1%
5+ $349.9K$400K
+14.3%

Summary: Broadbay Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Cities

Wallburg
+14.9%
Winston Township
+2.1%
Broadbay Township
0.4%
Abbotts Creek Township
0%

Housing Supply in Broadbay Township, NC

How many homes are available in Broadbay Township, NC?

Number of Homes For Sale

May 2024Jun 2024CHANGE
69+50.0%

Summary: The Broadbay Township real estate market had 9 homes for sale in June 2024, a 50.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 33
0.0%
3 36
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Broadbay Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broadbay Township, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Broadbay Township in June 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.

Days on Market for Broadbay Township, NC

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

Average Sale Time

Jun 2023Jun 2024CHANGE
44 Days16 Days-62.1%

Summary: Homes in Broadbay Township had an average of 16 days on market in Jun 2024, down by 62.1% compared to last year.

Breakdown of Home Sale Times

2 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

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

Summary: During June 2024, 3 homes were sold in Broadbay Township; 67% of homes were sold within 30 days, 33% 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 26 Days Ago

Newest Listings in Broadbay Township, NC

Nearby Markets to Broadbay Township, NC

What housing markets are near Broadbay Township, NC?