Is Snow Hill, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Snow Hill has remained a Seller's Market.
Key Takeaway
Snow Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Snow Hill, NC
How much do homes in Snow Hill, NC cost?
Median Sold Price
$209,900
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Snow Hill have sold for 18.3% more than they did a year ago.
Summary: The median home sold price in Snow Hill was $209,900 in March 2024, up 18.3% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96K | $103.7K | +8.1% |
| 3 Bedrooms | $189.7K | $201K | +5.9% |
| 4 Bedrooms | $211.9K | $229K | +8.0% |
| 5+ Bedrooms | - | $349.9K | N/A |
Summary: Snow Hill 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 8.1%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Snow Hill | $177.5K | $209.9K | +18.3% |
| Hookerton Township | $175K | $205K | +17.1% |
| Snow Hill Township | $185K | $209.9K | +13.5% |
Housing Supply in Snow Hill, NC
How many homes are available in Snow Hill, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 17 | -5.6% |
Summary: The Snow Hill real estate market had 17 homes for sale in March 2024, a 5.6% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Snow Hill 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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Snow Hill, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Snow Hill in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Snow Hill, NC
How long does it take to sell a home in Snow Hill, NC?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 9 Days | 52 Days | +481.5% |
Summary: Homes in Snow Hill had an average of 52 days on market in Mar 2024, up by 481.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Snow Hill are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Snow Hill; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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