Is Scotland Neck, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Scotland Neck has remained a Seller's Market.
Housing Prices in Scotland Neck, NC
How much do homes in Scotland Neck, NC cost?
Median Sold Price
$165,500
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Scotland Neck was $165,500 in June 2024, up 18.2% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $52K | $37.5K | -27.9% |
3 Bedrooms | $154K | $166.5K | +8.1% |
4 Bedrooms | $87.5K | $180.7K | +106.6% |
5+ Bedrooms | $335K | $315K | -6.0% |
Summary: Scotland Neck housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 106.6%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
Scotland Neck | $140K | $165.5K | +18.2% |
Scotland Neck Township | $140K | $165.5K | +18.2% |
Housing Supply in Scotland Neck, NC
How many homes are available in Scotland Neck, NC?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Summary: The Scotland Neck real estate market had 12 homes for sale in June 2024, a 9.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 2 | 0 | -100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Scotland Neck housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Scotland Neck in June 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Scotland Neck, NC
How long does it take to sell a home in Scotland Neck, NC?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
66 Days | 25 Days | -61.4% |
Summary: Homes in Scotland Neck had an average of 25 days on market in Jun 2024, down by 61.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 4 homes were sold in Scotland Neck; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.