Is Hofmann Forest, 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, Hofmann Forest has remained a Neutral Market.
Housing Prices in Hofmann Forest, NC
How much do homes in Hofmann Forest, NC cost?
Median Sold Price
$347,500
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hofmann Forest was $347,500 in April 2024, up 5% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200.4K | $200.9K | 0.2% |
3 Bedrooms | $284.9K | $324K | +13.7% |
4 Bedrooms | $331K | $376.5K | +13.7% |
5+ Bedrooms | $445K | $415K | -6.7% |
Summary: Hofmann Forest 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 0.2%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 6.7%.
Median Sold Price Compared To Nearby Cities
White Oak Township | $250K | $269.9K | +8.0% |
Richlands Township | $241.4K | $260K | +7.7% |
Maysville | $260K | $275K | +5.8% |
Hofmann Forest | $331K | $347.5K | +5.0% |
Jacksonville Township | $235K | $245.1K | +4.3% |
Housing Supply in Hofmann Forest, NC
How many homes are available in Hofmann Forest, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 5 | +400.0% |
Summary: The Hofmann Forest real estate market had 5 homes for sale in April 2024, a 400.0% 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 | 0 | 3 | +100.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Hofmann Forest 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 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Hofmann Forest in April 2024, up by 100.0% month-over-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 Hofmann Forest, NC
How long does it take to sell a home in Hofmann Forest, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
137 Days | 203 Days | +47.5% |
Summary: Homes in Hofmann Forest had an average of 203 days on market in Apr 2024, up by 47.5% compared to last year.
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
Summary: During April 2024, 1 homes were sold in Hofmann Forest; 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.