Is Hurdle Mills, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Hurdle Mills was a Seller's Market.
Key Takeaway
Hurdle Mills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hurdle Mills, NC
How much do homes in Hurdle Mills, NC cost?
Median Sold Price
$325,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Hurdle Mills have sold for 5.1% less than they did a year ago.
Summary: The median home sold price in Hurdle Mills was $325,000 in March 2024, down 5.1% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | $270K | +13.7% |
| 2 Bedrooms | $290K | $305K | +5.2% |
| 3 Bedrooms | $335.1K | $330K | -1.5% |
| 4 Bedrooms | $425K | - | N/A |
| 5+ Bedrooms | - | $898.4K | N/A |
Summary: Hurdle Mills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.7%, 2 bedroom homes increased by 5.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Flat River Township | $337.5K | $370K | +9.6% |
| Little River Township | $431K | $427.5K | -0.8% |
| Hurdle Mills | $342.6K | $325K | -5.1% |
Housing Supply in Hurdle Mills, NC
How many homes are available in Hurdle Mills, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 7 | 10 | +42.9% |
Summary: The Hurdle Mills real estate market had 10 homes for sale in March 2024, a 42.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hurdle Mills 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hurdle Mills, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Hurdle Mills in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Hurdle Mills, NC
How long does it take to sell a home in Hurdle Mills, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 38 Days | 35 Days | -9.5% |
Summary: Homes in Hurdle Mills had an average of 35 days on market in Mar 2024, down by 9.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hurdle Mills has remained consistent over time.
Summary: During March 2024, 1 homes were sold in Hurdle Mills; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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