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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hubert is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Hubert, NC

How much do homes in Hubert, NC cost?

Median Sold Price

$252,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$21,300(+9.2%)

Key Takeaway

Homes in Hubert have sold for 9.2% more than they did a year ago.

Summary: The median home sold price in Hubert was $252,000 in March 2024, up 9.2% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $155K$175K
+12.9%
3 $225.6K$247K
+9.4%
4 $343.5K$352K
+2.5%
5+ $470K-
N/A

Summary: Hubert 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 increased by 12.9%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Swansboro
+18.6%
Swansboro Township
+12.2%
Hubert
+9.2%
Midway Park
+8.9%

Housing Supply in Hubert, NC

How many homes are available in Hubert, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
143139-2.8%

Summary: The Hubert real estate market had 139 homes for sale in March 2024, a 2.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1211
-8.3%
3 10098
-2.0%
4 3029
-3.3%
5+ 11
0.0%

Summary: The Hubert 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 decreased by 8.3%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3446+35.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hubert, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 46 homes were sold or pending in Hubert in March 2024, up by 35.3% month-over-month. Of the 46 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.

Days on Market for Hubert, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
30 Days70 Days+134.6%

Summary: Homes in Hubert had an average of 70 days on market in Mar 2024, up by 134.6% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 46 homes were sold in Hubert; 50% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 26% 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 25 Days Ago

Newest Listings in Hubert, NC

Nearby Markets to Hubert, NC

What housing markets are near Hubert, NC?