Is Lumberton, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lumberton was a Seller's Market.
Housing Prices in Lumberton, NC
How much do homes in Lumberton, NC cost?
Median Sold Price
$194,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lumberton was $194,000 in April 2024, up 4.9% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $87K | - | N/A |
2 Bedrooms | $105K | $130K | +23.8% |
3 Bedrooms | $185K | $180K | -2.7% |
4 Bedrooms | $249.9K | $242.5K | -3.0% |
5+ Bedrooms | $288.7K | $291.9K | +1.1% |
Summary: Lumberton 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 23.8%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
Lumberton | $185K | $194K | +4.9% |
Lumberton Township | $185K | $194K | +4.9% |
Housing Supply in Lumberton, NC
How many homes are available in Lumberton, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 104 | -1.9% |
Summary: The Lumberton real estate market had 104 homes for sale in April 2024, a 1.9% decrease 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 | 15 | 18 | +20.0% |
3 Bedrooms | 60 | 53 | -11.7% |
4 Bedrooms | 26 | 26 | 0.0% |
5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Lumberton 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 20%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Lumberton in April 2024, down by 15.0% month-over-month. Of the 17 sold homes, 71% were sold under asking, 12% were sold at asking, and 18% were sold over asking.
Days on Market for Lumberton, NC
How long does it take to sell a home in Lumberton, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
110 Days | 104 Days | -5.7% |
Summary: Homes in Lumberton had an average of 104 days on market in Apr 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in Lumberton; 24% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.