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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vanceboro is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Vanceboro was a Seller's Market.

Key Takeaway

Vanceboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Vanceboro, NC

How much do homes in Vanceboro, NC cost?

Median Sold Price

$215,000

$124/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$70,000(-24.6%)

Key Takeaway

Homes in Vanceboro have sold for 24.6% less than they did a year ago.

Summary: The median home sold price in Vanceboro was $215,000 in April 2024, down 24.6% from last year, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $110K$134.2K
+22.0%
3 $271K$221.5K
-18.3%
4 $290K$320K
+10.3%
5+ --
N/A

Summary: Vanceboro 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 increased by 22%, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes did not change.

Housing Supply in Vanceboro, NC

How many homes are available in Vanceboro, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1320+53.8%

Summary: The Vanceboro real estate market had 20 homes for sale in April 2024, a 53.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 11
0.0%
3 815
+87.5%
4 33
0.0%
5+ 00
0.0%

Summary: The Vanceboro 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 87.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vanceboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Vanceboro in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Vanceboro, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
61 Days28 Days-54.6%

Summary: Homes in Vanceboro had an average of 28 days on market in Apr 2024, down by 54.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Vanceboro; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in Vanceboro, NC

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