Is Oakboro, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Oakboro was a Seller's Market.
Housing Prices in Oakboro, NC
How much do homes in Oakboro, NC cost?
Median Sold Price
$339,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Oakboro was $339,000 in April 2024, up 0.9% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $175K | $245K | +40.0% |
3 Bedrooms | $278.5K | $331.7K | +19.1% |
4 Bedrooms | $375K | $366.5K | -2.3% |
5+ Bedrooms | $345K | $424.4K | +23.0% |
Summary: Oakboro 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 40%, 3 bedroom homes increased by 19.1%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Cities
Furr Township | $360K | $381.5K | +6.0% |
Big Lick Township | $319K | $332K | +4.1% |
Oakboro | $336K | $339K | +0.9% |
Housing Supply in Oakboro, NC
How many homes are available in Oakboro, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 28 | +47.4% |
Summary: The Oakboro real estate market had 28 homes for sale in April 2024, a 47.4% 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 | 1 | +100.0% |
3 Bedrooms | 14 | 20 | +42.9% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Oakboro 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 100%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Oakboro in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Oakboro, NC
How long does it take to sell a home in Oakboro, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
76 Days | 70 Days | -8.7% |
Summary: Homes in Oakboro had an average of 70 days on market in Apr 2024, down by 8.7% compared to last year.
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
Summary: During April 2024, 1 homes were sold in Oakboro; 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.