Is Hemby Bridge, 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, Hemby Bridge has remained a Seller's Market.
Key Takeaway
Hemby Bridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hemby Bridge, NC
How much do homes in Hemby Bridge, NC cost?
Median Sold Price
$345,900
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Hemby Bridge have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Hemby Bridge was $345,900 in April 2024, up 5.6% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $185K | - | N/A |
| 3 Bedrooms | $280.7K | $345K | +22.9% |
| 4 Bedrooms | $512K | $512.5K | 0.1% |
| 5+ Bedrooms | $620K | - | N/A |
Summary: Hemby Bridge 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 did not change, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Hemby Bridge | $327.5K | $345.9K | +5.6% |
| Indian Trail | $419.2K | $426.9K | +1.8% |
| Vance Township | $424.8K | $429.9K | +1.2% |
| Lake Park | $384.2K | $380K | -1.1% |
| Stallings | $432.7K | $422.5K | -2.4% |
Housing Supply in Hemby Bridge, NC
How many homes are available in Hemby Bridge, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Hemby Bridge real estate market had 8 homes for sale in April 2024, a 11.1% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hemby Bridge 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 decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hemby Bridge, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Hemby Bridge in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Hemby Bridge, NC
How long does it take to sell a home in Hemby Bridge, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 6 Days | -85.9% |
Summary: Homes in Hemby Bridge had an average of 6 days on market in Apr 2024, down by 85.9% compared to last year.
Breakdown of Home Sale Times
3 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 Hemby Bridge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in Hemby Bridge; 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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