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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Havelock is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Havelock, NC

How much do homes in Havelock, NC cost?

Median Sold Price

$234,900

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$12,900(+5.8%)

Key Takeaway

Homes in Havelock have sold for 5.8% more than they did a year ago.

Summary: The median home sold price in Havelock was $234,900 in February 2024, up 5.8% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $129.5K$150.4K
+16.2%
3 $225K$233.5K
+3.8%
4 $260K$305K
+17.3%
5+ $337K$375K
+11.3%

Summary: Havelock 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 increased by 16.2%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 11.3%.

Housing Supply in Havelock, NC

How many homes are available in Havelock, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
8481-3.6%

Summary: The Havelock real estate market had 81 homes for sale in February 2024, a 3.6% decrease compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 5757
0.0%
4 2018
-10.0%
5+ 12
+100.0%

Summary: The Havelock 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1823+27.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Havelock, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Havelock in February 2024, up by 27.8% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and 17% were sold over asking.

Days on Market for Havelock, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
52 Days48 Days-7.8%

Summary: Homes in Havelock had an average of 48 days on market in Feb 2024, down by 7.8% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 23 homes were sold in Havelock; 52% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 13% 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 2 Days Ago

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