Is Bayboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bayboro has remained a Seller's Market.
Key Takeaway
Bayboro is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bayboro, NC
How much do homes in Bayboro, NC cost?
Median Sold Price
$146,500
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bayboro have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Bayboro was $146,500 in April 2024, down 0.8% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $147.5K | $215K | +45.8% |
| 3 Bedrooms | $157.6K | $138K | -12.5% |
| 4 Bedrooms | $114.2K | $184.9K | +61.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Bayboro 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 45.8%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 61.9%, and 5+ bedroom homes did not change.
Housing Supply in Bayboro, NC
How many homes are available in Bayboro, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Summary: The Bayboro real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 3 | +50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bayboro 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bayboro, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Bayboro in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Bayboro, NC
How long does it take to sell a home in Bayboro, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 182 Days | 5 Days | -97.3% |
Summary: Homes in Bayboro had an average of 5 days on market in Apr 2024, down by 97.3% 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 Bayboro are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Bayboro; 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.
