Is Scotland County, 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, Scotland County was a Neutral Market.
Housing Prices in Scotland County, NC
How much do homes in Scotland County, NC cost?
Median Sold Price
$172,000
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Scotland County was $172,000 in March 2024, down 9.5% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $38K | - | N/A |
2 Bedrooms | $75K | $91.7K | +22.3% |
3 Bedrooms | $158K | $170.5K | +7.9% |
4 Bedrooms | $330K | $265K | -19.7% |
5+ Bedrooms | $324.9K | $244.7K | -24.7% |
Summary: Scotland County 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 22.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes decreased by 24.7%.
Median Sold Price Compared To Nearby Counties
Richmond County | $153.7K | $169.9K | +10.5% |
Robeson County | $185K | $199K | +7.6% |
Hoke County | $265.7K | $279.9K | +5.3% |
Scotland County | $190K | $172K | -9.5% |
Housing Supply in Scotland County, NC
How many homes are available in Scotland County, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
68 | 72 | +5.9% |
Summary: The Scotland County real estate market had 72 homes for sale in March 2024, a 5.9% 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 | 9 | 13 | +44.4% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Scotland County 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 44.4%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 17 | +54.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Scotland County in March 2024, up by 54.5% month-over-month. Of the 17 sold homes, 35% were sold under asking, 35% were sold at asking, and 29% were sold over asking.
Days on Market for Scotland County, NC
How long does it take to sell a home in Scotland County, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
103 Days | 45 Days | -55.8% |
Summary: Homes in Scotland County had an average of 45 days on market in Mar 2024, down by 55.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Scotland County; 59% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.