Is Midway Park, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Midway Park has remained a Seller's Market.
Housing Prices in Midway Park, NC
How much do homes in Midway Park, NC cost?
Median Sold Price
$309,270
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Midway Park was $309,270 in February 2024, up 22.5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $127.2K | $137.7K | +8.3% |
3 Bedrooms | $214.5K | $247K | +15.2% |
4 Bedrooms | $325K | $353K | +8.6% |
5+ Bedrooms | $413.5K | $412.7K | -0.2% |
Summary: Midway Park 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 increased by 8.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 0.2%.
Median Sold Price Compared To Nearby Cities
Midway Park | $252.5K | $309.2K | +22.5% |
Hubert | $230K | $252K | +9.6% |
Jacksonville Township | $230.2K | $244.8K | +6.3% |
Jacksonville | $235.2K | $243.2K | +3.4% |
Housing Supply in Midway Park, NC
How many homes are available in Midway Park, NC?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Summary: The Midway Park real estate market had 26 homes for sale in February 2024, a 36.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 6 | 11 | +83.3% |
4 Bedrooms | 12 | 13 | +8.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Midway Park 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 increased by 83.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Midway Park in February 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Midway Park, NC
How long does it take to sell a home in Midway Park, NC?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
78 Days | 114 Days | +45.7% |
Summary: Homes in Midway Park had an average of 114 days on market in Feb 2024, up by 45.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 5 homes were sold in Midway Park; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.