Is Saint James, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Saint James was a Seller's Market.
Key Takeaway
Saint James is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Saint James, NC
How much do homes in Saint James, NC cost?
Median Sold Price
$702,475
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Saint James have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Saint James was $702,475 in March 2024, up 15.2% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $302K | $310K | +2.6% |
| 3 Bedrooms | $550K | $630K | +14.5% |
| 4 Bedrooms | $731K | $850.1K | +16.3% |
| 5+ Bedrooms | $700K | $855K | +22.1% |
Summary: Saint James housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 22.1%.
Median Sold Price Compared To Nearby Cities
| Lockwoods Folly Township | $397.5K | $480.4K | +20.9% |
| Saint James | $610K | $702.4K | +15.2% |
| Oak Island | $533.1K | $580.5K | +8.9% |
| Smithville Township | $514.8K | $545.5K | +6.0% |
Housing Supply in Saint James, NC
How many homes are available in Saint James, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 91 | 108 | +18.7% |
Summary: The Saint James real estate market had 108 homes for sale in March 2024, a 18.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 51 | 58 | +13.7% |
| 4 Bedrooms | 23 | 29 | +26.1% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Saint James housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 26.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Saint James, you may be able to get a good deal. 84.6% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Saint James in March 2024, up by 30.0% month-over-month. Of the 13 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 55 Days | -20.1% |
Summary: Homes in Saint James had an average of 55 days on market in Mar 2024, down by 20.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Saint James are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 13 homes were sold in Saint James; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
