Is Vanceboro, 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, Vanceboro was a Buyer's Market.
Key Takeaway
Vanceboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Vanceboro, NC
How much do homes in Vanceboro, NC cost?
Median Sold Price
$158,500
$155/sqft
Based on all homes sold in June 2024.
Difference Since Last Month
Key Takeaway
Homes in Vanceboro have sold for 37% less than they did a month ago.
Summary: The median home sold price in Vanceboro was $158,500 in June 2024, down 37% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $90K | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $251.5K | $227K | -9.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Vanceboro housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 9.7%, 4 bedroom homes did not change, 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
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 18 | 15 | -16.7% |
Summary: The Vanceboro real estate market had 15 homes for sale in June 2024, a 16.7% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Vanceboro housing inventory by bedroom type for June 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vanceboro, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Vanceboro in June 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 82 Days | 66 Days | -18.9% |
Summary: Homes in Vanceboro had an average of 66 days on market in Jun 2024, down by 18.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Vanceboro has remained consistent over time.
Summary: During June 2024, 4 homes were sold in Vanceboro; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright © 2024 Triangle MLS, Inc. of North Carolina. All rights reserved.