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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lucama is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Lucama was a Seller's Market.

Key Takeaway

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

Housing Prices in Lucama, NC

How much do homes in Lucama, NC cost?

Median Sold Price

$218,700

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$800(-0.4%)

Key Takeaway

The sold price of homes in Lucama has remained the same since last year.

Summary: The median home sold price in Lucama was $218,700 in April 2024, down 0.4% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $90K-
N/A
2 $70K$97.6K
+39.4%
3 $239.9K$232.4K
-3.1%
4 $200K$239.9K
+20.0%
5+ -$200K
N/A

Summary: Lucama 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 39.4%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes did not change.

Housing Supply in Lucama, NC

How many homes are available in Lucama, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1113+18.2%

Summary: The Lucama real estate market had 13 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 23
+50.0%
3 56
+20.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Lucama 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lucama, 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 Lucama 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 Lucama, NC

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

Average Sale Time

Apr 2023Apr 2024CHANGE
67 Days145 Days+114.3%

Summary: Homes in Lucama had an average of 145 days on market in Apr 2024, up by 114.3% 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

Breakdown of Home Sale Times

Key Takeaway

Most homes in Lucama are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Lucama; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 10 Days Ago

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