Is Stedman, 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, Stedman has remained a Seller's Market.
Housing Prices in Stedman, NC
How much do homes in Stedman, NC cost?
Median Sold Price
$279,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stedman was $279,000 in March 2024, up 6.7% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199.5K | $85K | -57.4% |
3 Bedrooms | $238.7K | $245K | +2.6% |
4 Bedrooms | $287.9K | $351.5K | +22.1% |
5+ Bedrooms | $458K | $420.9K | -8.1% |
Summary: Stedman 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 decreased by 57.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 22.1%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
Stedman | $261.4K | $279K | +6.7% |
Cedar Creek Township | $259.1K | $275K | +6.1% |
Housing Supply in Stedman, NC
How many homes are available in Stedman, NC?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Summary: The Stedman real estate market had 19 homes for sale in March 2024, a 9.5% 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 | 10 | 11 | +10.0% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Stedman 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 10%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 9 | +80.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Stedman in March 2024, up by 80.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% were sold over asking.
Days on Market for Stedman, NC
How long does it take to sell a home in Stedman, NC?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
54 Days | 27 Days | -49.0% |
Summary: Homes in Stedman had an average of 27 days on market in Mar 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Stedman; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.