Is Haw River, 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, Haw River has remained a Seller's Market.
Key Takeaway
Haw River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haw River, NC
How much do homes in Haw River, NC cost?
Median Sold Price
$316,500
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Haw River have sold for 5.4% less than they did a year ago.
Summary: The median home sold price in Haw River was $316,500 in March 2024, down 5.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $130K | N/A |
| 2 Bedrooms | $206K | $182.5K | -11.4% |
| 3 Bedrooms | $300K | $278K | -7.3% |
| 4 Bedrooms | $370K | $351.4K | -5.0% |
| 5+ Bedrooms | $346K | $365.9K | +5.8% |
Summary: Haw River housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.4%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Green Level | $177K | $218.4K | +23.4% |
| Graham | $321.3K | $329K | +2.4% |
| Burlington | $258.5K | $262.6K | +1.6% |
| Haw River | $334.7K | $316.5K | -5.4% |
Housing Supply in Haw River, NC
How many homes are available in Haw River, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 41 | -8.9% |
Summary: The Haw River real estate market had 41 homes for sale in March 2024, a 8.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 15 | 10 | -33.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Haw River housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Haw River, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Haw River in March 2024, up by 18.2% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.
Days on Market for Haw River, NC
How long does it take to sell a home in Haw River, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 94 Days | +29.1% |
Summary: Homes in Haw River had an average of 94 days on market in Mar 2024, up by 29.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Haw River are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 13 homes were sold in Haw River; 23% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 46% of homes were sold over 90 days.
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