Is Seversville, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seversville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Seversville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Seversville, NC

How much do homes in Seversville, NC cost?

Median Sold Price

$573,750

$344/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$141,250(-19.8%)

Key Takeaway

Homes in Seversville have sold for 19.8% less than they did a month ago.

Summary: The median home sold price in Seversville was $573,750 in April 2024, down 19.8% from last month, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $530K$472.5K
-10.8%
3 -$675K
N/A
4 $900K-
N/A
5+ --
N/A

Summary: Seversville 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 decreased by 10.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Seversville, NC

How many homes are available in Seversville, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
990.0%

Summary: The Seversville real estate market had 9 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 22
0.0%
3 56
+20.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Seversville 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seversville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Seversville in April 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Seversville, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
60 Days83 Days+38.3%

Summary: Homes in Seversville had an average of 83 days on market in Apr 2024, up by 38.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Seversville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 3 Days Ago

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