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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Godwin is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Godwin has remained a Buyer's Market.

Key Takeaway

Godwin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Godwin, NC

How much do homes in Godwin, NC cost?

Median Sold Price

$355,000

-

Based on all homes sold in April 2024.

Difference Since Last Month

-$237,000(-40.0%)

Key Takeaway

Homes in Godwin have sold for 40% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $592K$355K
-40.0%
4 --
N/A
5+ --
N/A

Summary: Godwin 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 decreased by 40%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mingo Township
-29.1%
Godwin
-40.0%

Housing Supply in Godwin, NC

How many homes are available in Godwin, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
880.0%

Summary: The Godwin real estate market had 8 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 88
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Godwin 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Godwin, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Godwin in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Godwin, NC

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

Average Sale Time

Mar 2024Apr 2024CHANGE
7 Days36 Days+414.3%

Summary: Homes in Godwin had an average of 36 days on market in Apr 2024, up by 414.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Godwin has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Godwin; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Godwin, NC

Nearby Markets to Godwin, NC

What housing markets are near Godwin, NC?