Is Bakersville, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Bakersville was a Seller's Market.
Key Takeaway
Bakersville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bakersville, NC
How much do homes in Bakersville, NC cost?
Median Sold Price
$285,000
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bakersville have sold for 50% more than they did a year ago.
Summary: The median home sold price in Bakersville was $285,000 in April 2024, up 50% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $193.4K | $266.2K | +37.6% |
| 2 Bedrooms | $154.2K | $195K | +26.4% |
| 3 Bedrooms | $307K | $280K | -8.8% |
| 4 Bedrooms | $433K | $409K | -5.5% |
| 5+ Bedrooms | - | $369.2K | N/A |
Summary: Bakersville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes increased by 26.4%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bakersville | $190K | $285K | +50.0% |
| Bakersville Township | $198.4K | $285K | +43.6% |
Housing Supply in Bakersville, NC
How many homes are available in Bakersville, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 27 | 36 | +33.3% |
Summary: The Bakersville real estate market had 36 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 13 | +30.0% |
| 3 Bedrooms | 10 | 15 | +50.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Bakersville 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 increased by 30%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bakersville, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Bakersville in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bakersville, NC
How long does it take to sell a home in Bakersville, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 4 Days | -90.6% |
Summary: Homes in Bakersville had an average of 4 days on market in Apr 2024, down by 90.6% 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
Key Takeaway
Many homes in Bakersville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Bakersville; 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.
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