Is Fourth Ward, 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, Fourth Ward has remained a Seller's Market.
Housing Prices in Fourth Ward, NC
How much do homes in Fourth Ward, NC cost?
Median Sold Price
$374,500
$407/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fourth Ward was $374,500 in March 2024, up 4% from last year, and the median price per square foot was $407.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $320K | +18.5% |
2 Bedrooms | $430K | $520K | +20.9% |
3 Bedrooms | $537K | $575K | +7.1% |
4 Bedrooms | - | $2.8M | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Fourth Ward housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Biddleville | $587.5K | $619.4K | +5.4% |
Fourth Ward | $360K | $374.5K | +4.0% |
First Ward | $333K | $298K | -10.5% |
Housing Supply in Fourth Ward, NC
How many homes are available in Fourth Ward, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 59 | +9.3% |
Summary: The Fourth Ward real estate market had 59 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 20 | 25 | +25.0% |
2 Bedrooms | 21 | 21 | 0.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fourth Ward housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 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 |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Fourth Ward in March 2024, up by 13.3% month-over-month. Of the 17 sold homes, 76% were sold under asking, 12% were sold at asking, and 12% were sold over asking.
Days on Market for Fourth Ward, NC
How long does it take to sell a home in Fourth Ward, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 41 Days | +3.5% |
Summary: Homes in Fourth Ward had an average of 41 days on market in Mar 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Fourth Ward; 59% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.