Is Lake Waccamaw, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Waccamaw is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Lake Waccamaw was a Neutral Market.

Key Takeaway

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

How much do homes in Lake Waccamaw, NC cost?

Median Sold Price

$155,000

$130/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

-$94,900(-38.0%)

Key Takeaway

Homes in Lake Waccamaw have sold for 38% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 --
N/A
3 $249.9K$155K
-38.0%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Waccamaw Township
-4.9%
Lake Waccamaw
-38.0%

How many homes are available in Lake Waccamaw, NC?

Number of Homes For Sale

Nov 2022Dec 2022%
65-16.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 11
0.0%
2 11
0.0%
3 43
-25.0%
4 00
0.0%
5+ 00
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Waccamaw, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Nov 2022Dec 2022%
11 Days7 Days-36.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Lake Waccamaw, NC

Number of homes for sale in Lake Waccamaw, NC real estate market have reached 5. The number of listings in Lake Waccamaw, NC decreased by 16.7% between November 2022 and December 2022. While the average time on the market in December 2022 was 7 days, the median list price was $155,000. From December 2021 through December 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 0%, the cost of 3 bedrooms properties went down by 38%, the cost of 4 bedrooms properties went up by 0%, 5 bedrooms properties became 0% more expensive. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes did not move, 3 bedrooms homes became 25% less available, number of 4 bedrooms homes remained the same, 5 bedrooms homes inventory did not change. Lake Waccamaw, NC housing market in December 2022 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below.