Is Starmount, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Starmount has remained a Seller's Market.
Key Takeaway
Starmount is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Starmount, NC
How much do homes in Starmount, NC cost?
Median Sold Price
$510,000
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Starmount have sold for 17.2% more than they did a year ago.
Summary: The median home sold price in Starmount was $510,000 in April 2024, up 17.2% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290K | - | N/A |
| 3 Bedrooms | $430K | $510K | +18.6% |
| 4 Bedrooms | $485K | $485K | 0.0% |
| 5+ Bedrooms | $430K | $2.9M | +596.5% |
Summary: Starmount housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 18.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 596.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Starmount | $435K | $510K | +17.2% |
| Montclaire | $548K | $602K | +9.9% |
| Park South Station | $445K | $460K | +3.4% |
Housing Supply in Starmount, NC
How many homes are available in Starmount, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Starmount real estate market had 12 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 | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Starmount 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 12.5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Starmount, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Starmount in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.
Days on Market for Starmount, NC
How long does it take to sell a home in Starmount, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 4 Days | -72.2% |
Summary: Homes in Starmount had an average of 4 days on market in Apr 2024, down by 72.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Starmount are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in Starmount; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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