Is East Bend, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Bend is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, East Bend was a Seller's Market.

Key Takeaway

East Bend is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Bend, NC

How much do homes in East Bend, NC cost?

Median Sold Price

$273,000

$183/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$98,000(+56.0%)

Key Takeaway

Homes in East Bend have sold for 56% more than they did a month ago.

Summary: The median home sold price in East Bend was $273,000 in March 2024, up 56% from last month, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 $125K-
N/A
2 $236K-
N/A
3 -$273K
N/A
4 --
N/A
5+ --
N/A

Summary: East Bend housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Bend, NC

How many homes are available in East Bend, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1215+25.0%

Summary: The East Bend real estate market had 15 homes for sale in March 2024, a 25.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 20
-100.0%
2 43
-25.0%
3 38
+166.7%
4 01
+100.0%
5+ 33
0.0%

Summary: The East Bend housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 166.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were 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 East Bend, 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 East Bend in March 2024, down by 50.0% 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 East Bend, NC

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

Average Sale Time

Feb 2024Mar 2024CHANGE
35 Days11 Days-69.2%

Summary: Homes in East Bend had an average of 11 days on market in Mar 2024, down by 69.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in East Bend; 100% of homes were sold within 30 days, 0% 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 East Bend, NC

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