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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whittier is a buyer's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Whittier, NC

How much do homes in Whittier, NC cost?

Median Sold Price

$325,000

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$44,375(-12.0%)

Key Takeaway

Homes in Whittier have sold for 12% less than they did a year ago.

Summary: The median home sold price in Whittier was $325,000 in March 2024, down 12% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $137K$177.5K
+29.6%
2 $287.5K$297.5K
+3.5%
3 $395K$497.5K
+25.9%
4 $617.5K$724.9K
+17.4%
5+ $975K-
N/A

Summary: Whittier housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.6%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes did not change.

Housing Supply in Whittier, NC

How many homes are available in Whittier, NC?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1820+11.1%

Summary: The Whittier real estate market had 20 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 01
+100.0%
2 89
+12.5%
3 88
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Whittier housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whittier, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Whittier in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Whittier, NC

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

Average Sale Time

Mar 2023Mar 2024CHANGE
41 Days3 Days-92.7%

Summary: Homes in Whittier had an average of 3 days on market in Mar 2024, down by 92.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Whittier; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 25 Days Ago

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