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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winnabow is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Winnabow, NC

How much do homes in Winnabow, NC cost?

Median Sold Price

$349,750

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$5,250(-1.5%)

Key Takeaway

Homes in Winnabow have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in Winnabow was $349,750 in May 2024, down 1.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $277.5K$274.2K
-1.2%
3 $344.7K$343.7K
-0.3%
4 $422K$427K
+1.2%
5+ $425K$420K
-1.2%

Summary: Winnabow housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Smithville Township
+12.6%
Federal Point Township
+10.5%
Town Creek Township
+7.1%
Boiling Spring Lakes
+3.3%
Winnabow
-1.5%

Housing Supply in Winnabow, NC

How many homes are available in Winnabow, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6980+15.9%

Summary: The Winnabow real estate market had 80 homes for sale in May 2024, a 15.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 610
+66.7%
3 4244
+4.8%
4 1820
+11.1%
5+ 36
+100.0%

Summary: The Winnabow housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1314+7.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winnabow, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Winnabow in May 2024, up by 7.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 57% were sold at asking, and 7% were sold over asking.

Days on Market for Winnabow, NC

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

Average Sale Time

May 2023May 2024CHANGE
32 Days49 Days+54.0%

Summary: Homes in Winnabow had an average of 49 days on market in May 2024, up by 54% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Winnabow has remained consistent over time.

Summary: During May 2024, 14 homes were sold in Winnabow; 36% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 7% 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 22 Days Ago

Newest Listings in Winnabow, NC

Nearby Markets to Winnabow, NC

What housing markets are near Winnabow, NC?