Is Horse Shoe, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Horse Shoe was a Buyer's Market.
Key Takeaway
Horse Shoe is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Horse Shoe, NC
How much do homes in Horse Shoe, NC cost?
Median Sold Price
$1,122,000
$368/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Horse Shoe have sold for 59.5% more than they did a month ago.
Summary: The median home sold price in Horse Shoe was $1,122,000 in March 2024, up 59.5% from last month, and the median price per square foot was $368.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $703.5K | $1.6M | +139.5% |
| 4 Bedrooms | - | $559K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Horse Shoe 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 increased by 139.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Horse Shoe, NC
How many homes are available in Horse Shoe, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The Horse Shoe real estate market had 11 homes for sale in March 2024, a 8.3% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Horse Shoe 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Horse Shoe, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Horse Shoe in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Horse Shoe, NC
How long does it take to sell a home in Horse Shoe, NC?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 65 Days | 29 Days | -55.4% |
Summary: Homes in Horse Shoe had an average of 29 days on market in Mar 2024, down by 55.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Horse Shoe are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 2 homes were sold in Horse Shoe; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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