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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Aberdeen is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Aberdeen, NC

How much do homes in Aberdeen, NC cost?

Median Sold Price

$390,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+5.4%)

Key Takeaway

Homes in Aberdeen have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Aberdeen was $390,000 in April 2024, up 5.4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$425K
N/A
2 $263K$307.5K
+16.9%
3 $298.5K$330K
+10.6%
4 $429K$428K
-0.2%
5+ $463.3K$529.9K
+14.4%

Summary: Aberdeen 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 16.9%, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 14.4%.

Median Sold Price Compared To Nearby Cities

Southern Pines
+13.6%
Aberdeen
+5.4%
Pinehurst
+4.7%

Housing Supply in Aberdeen, NC

How many homes are available in Aberdeen, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
9997-2.0%

Summary: The Aberdeen real estate market had 97 homes for sale in April 2024, a 2.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 68
+33.3%
3 3436
+5.9%
4 4442
-4.5%
5+ 1411
-21.4%

Summary: The Aberdeen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes decreased by 21.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2536+44.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Aberdeen, expect to pay close to the asking price. 47.2% of homes here sold near the asking price last month.

Summary: A total of 36 homes were sold or pending in Aberdeen in April 2024, up by 44.0% month-over-month. Of the 36 sold homes, 39% were sold under asking, 47% were sold at asking, and 14% were sold over asking.

Days on Market for Aberdeen, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days71 Days+184.9%

Summary: Homes in Aberdeen had an average of 71 days on market in Apr 2024, up by 184.9% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 36 homes were sold in Aberdeen; 56% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 31% 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 9 Days Ago

Newest Listings in Aberdeen, NC

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