Is North Farm Cottages, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, North Farm Cottages was a Neutral Market.
Housing Prices in North Farm Cottages, NC
How much do homes in North Farm Cottages, NC cost?
Median Sold Price
$307,000
$184/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in North Farm Cottages was $307,000 in April 2024, up 7.7% from last month, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $315K | +10.5% |
3 Bedrooms | - | $299K | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: North Farm Cottages housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.5%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in North Farm Cottages, NC
How many homes are available in North Farm Cottages, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Summary: The North Farm Cottages real estate market had 5 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Farm Cottages 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 decreased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in North Farm Cottages in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for North Farm Cottages, NC
How long does it take to sell a home in North Farm Cottages, NC?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 2 Days | -50.0% |
Summary: Homes in North Farm Cottages had an average of 2 days on market in Apr 2024, down by 50% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in North Farm Cottages; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.