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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Swansboro is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Swansboro has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Swansboro, NC

How much do homes in Swansboro, NC cost?

Median Sold Price

$361,450

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$42,700(+13.4%)

Key Takeaway

Homes in Swansboro have sold for 13.4% more than they did a year ago.

Summary: The median home sold price in Swansboro was $361,450 in February 2024, up 13.4% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 $205K$232.9K
+13.6%
3 $316K$343K
+8.5%
4 $395K$467K
+18.2%
5+ $425K$470K
+10.6%

Summary: Swansboro housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

White Oak Township
+29.1%
Swansboro
+18.5%
Swansboro
+13.4%
Swansboro Township
+10.5%
Hubert
+9.6%

Housing Supply in Swansboro, NC

How many homes are available in Swansboro, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
7172+1.4%

Summary: The Swansboro real estate market had 72 homes for sale in February 2024, a 1.4% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 4237
-11.9%
4 1621
+31.3%
5+ 23
+50.0%

Summary: The Swansboro housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1518+20.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Swansboro, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Swansboro in February 2024, up by 20.0% month-over-month. Of the 18 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.

Days on Market for Swansboro, NC

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

Average Sale Time

Feb 2023Feb 2024CHANGE
63 Days67 Days+7.4%

Summary: Homes in Swansboro had an average of 67 days on market in Feb 2024, up by 7.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 18 homes were sold in Swansboro; 39% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

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