Is Laurinburg, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Laurinburg has remained a Seller's Market.
Housing Prices in Laurinburg, NC
How much do homes in Laurinburg, NC cost?
Median Sold Price
$162,500
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Laurinburg was $162,500 in April 2024, down 0.9% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $69K | $91.2K | +32.2% |
3 Bedrooms | $150K | $169K | +12.7% |
4 Bedrooms | $253K | $250K | -1.2% |
5+ Bedrooms | $239.5K | $230K | -4.0% |
Summary: Laurinburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 32.2%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
Laurinburg | $164K | $162.5K | -0.9% |
Stewartsville Township | $169.9K | $166.2K | -2.2% |
Housing Supply in Laurinburg, NC
How many homes are available in Laurinburg, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 64 | +1.6% |
Summary: The Laurinburg real estate market had 64 homes for sale in April 2024, a 1.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 33 | 34 | +3.0% |
4 Bedrooms | 15 | 14 | -6.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Laurinburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Laurinburg in April 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 6% were sold at asking, and 29% were sold over asking.
Days on Market for Laurinburg, NC
How long does it take to sell a home in Laurinburg, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 19 Days | -56.9% |
Summary: Homes in Laurinburg had an average of 19 days on market in Apr 2024, down by 56.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Laurinburg; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.