Is Winnabow, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$349,500
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Winnabow have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Winnabow was $349,500 in March 2024, down 2.7% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $277.5K | $274.9K | -0.9% |
| 3 Bedrooms | $345K | $342.6K | -0.7% |
| 4 Bedrooms | $405K | $424.5K | +4.8% |
| 5+ Bedrooms | $437.8K | $422.5K | -3.5% |
Summary: Winnabow housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Federal Point Township | $499.8K | $537.4K | +7.5% |
| Smithville Township | $514.8K | $545.5K | +6.0% |
| Boiling Spring Lakes | $299K | $314.9K | +5.3% |
| Town Creek Township | $359.9K | $375.6K | +4.4% |
| Winnabow | $359.2K | $349.5K | -2.7% |
Housing Supply in Winnabow, NC
How many homes are available in Winnabow, NC?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 44 | 40 | -9.1% |
Summary: The Winnabow real estate market had 40 homes for sale in March 2024, a 9.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 30 | 26 | -13.3% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Winnabow housing inventory by bedroom type for March 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 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Winnabow, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Winnabow in March 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 36% were sold at asking, and 9% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 28 Days | 58 Days | +103.3% |
Summary: Homes in Winnabow had an average of 58 days on market in Mar 2024, up by 103.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Winnabow are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 11 homes were sold in Winnabow; 36% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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