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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Badin is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Badin was a Seller's Market.

Key Takeaway

Badin is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Badin, NC

How much do homes in Badin, NC cost?

Median Sold Price

$176,000

$128/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$6,500(+3.8%)

Key Takeaway

Homes in Badin have sold for 3.8% more than they did a month ago.

Summary: The median home sold price in Badin was $176,000 in April 2024, up 3.8% from last month, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $169K-
N/A
3 $170K$176K
+3.5%
4 --
N/A
5+ --
N/A

Summary: Badin housing prices by bedroom type for April 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 increased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Badin, NC

How many homes are available in Badin, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
76-14.3%

Summary: The Badin real estate market had 6 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 44
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Badin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Badin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Badin in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Badin, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
7 Days183 Days+2340.0%

Summary: Homes in Badin had an average of 183 days on market in Apr 2024, up by 2340% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Badin are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Badin; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 10 Days Ago

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