Is South End, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, South End was a Buyer's Market.
Key Takeaway
South End is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South End, NC
How much do homes in South End, NC cost?
Median Sold Price
$480,836
$464/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in South End have sold for 6.2% less than they did a month ago.
Summary: The median home sold price in South End was $480,836 in April 2024, down 6.2% from last month, and the median price per square foot was $464.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $368K | +22.7% |
| 2 Bedrooms | - | $600K | N/A |
| 3 Bedrooms | $725K | $474.7K | -34.5% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: South End housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 22.7%, 2 bedroom homes did not change, 3 bedroom homes decreased by 34.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in South End, NC
How many homes are available in South End, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The South End real estate market had 16 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The South End housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South End, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in South End in April 2024, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for South End, NC
How long does it take to sell a home in South End, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 Days | 47 Days | +574.3% |
Summary: Homes in South End had an average of 47 days on market in Apr 2024, up by 574.3% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in South End are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in South End; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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