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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maxton is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Maxton, NC

How much do homes in Maxton, NC cost?

Median Sold Price

$170,000

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$63,550(+59.7%)

Key Takeaway

Homes in Maxton have sold for 59.7% more than they did a year ago.

Summary: The median home sold price in Maxton was $170,000 in February 2024, up 59.7% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $89.9K$69.7K
-22.4%
3 $123.2K$160K
+29.8%
4 $108K$218K
+101.9%
5+ $86K$370K
+330.2%

Summary: Maxton housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.4%, 3 bedroom homes increased by 29.8%, 4 bedroom homes increased by 101.9%, and 5+ bedroom homes increased by 330.2%.

Median Sold Price Compared To Nearby Cities

Maxton Township
+89.1%
Maxton
+59.7%
Stewartsville Township
0.3%

Housing Supply in Maxton, NC

How many homes are available in Maxton, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
770.0%

Summary: The Maxton real estate market had 7 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 54
-20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Maxton housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maxton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Maxton in February 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Maxton, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
124 Days74 Days-39.9%

Summary: Homes in Maxton had an average of 74 days on market in Feb 2024, down by 39.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Maxton has remained consistent over time.

Summary: During February 2024, 2 homes were sold in Maxton; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 28 Days Ago

Newest Listings in Maxton, NC

Nearby Markets to Maxton, NC

What housing markets are near Maxton, NC?