Is Saint James, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint James is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Saint James, NC

How much do homes in Saint James, NC cost?

Median Sold Price

$739,000

$272/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$109,500(+17.4%)

Key Takeaway

Homes in Saint James have sold for 17.4% more than they did a year ago.

Summary: The median home sold price in Saint James was $739,000 in May 2024, up 17.4% from last year, and the median price per square foot was $272.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $302K$309K
+2.3%
3 $599.9K$669K
+11.5%
4 $752K$895.2K
+19.0%
5+ $687.5K$1.3M
+98.2%

Summary: Saint James housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 98.2%.

Median Sold Price Compared To Nearby Cities

Lockwoods Folly Township
+21.0%
Saint James
+17.4%
Smithville Township
+12.6%
Oak Island
+11.8%

Housing Supply in Saint James, NC

How many homes are available in Saint James, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
113114+0.9%

Summary: The Saint James real estate market had 114 homes for sale in May 2024, a 0.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 1515
0.0%
3 6060
0.0%
4 3336
+9.1%
5+ 53
-40.0%

Summary: The Saint James housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint James, you may be able to get a good deal. 72% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Saint James in May 2024, up by 19.0% month-over-month. Of the 25 sold homes, 72% were sold under asking, 24% were sold at asking, and 4% were sold over asking.

Days on Market for Saint James, NC

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

Average Sale Time

May 2023May 2024CHANGE
45 Days74 Days+61.3%

Summary: Homes in Saint James had an average of 74 days on market in May 2024, up by 61.3% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint James are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 25 homes were sold in Saint James; 44% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 28% 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 18 Days Ago

Newest Listings in Saint James, NC

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