Is River Bend, 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, River Bend has remained a Seller's Market.
Key Takeaway
River Bend is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in River Bend, NC
How much do homes in River Bend, NC cost?
Median Sold Price
$260,000
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in River Bend have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in River Bend was $260,000 in April 2024, up 5.6% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $187.9K | +17.5% |
| 3 Bedrooms | $266.5K | $277K | +3.9% |
| 4 Bedrooms | $386.5K | $390K | +0.9% |
| 5+ Bedrooms | $440K | - | N/A |
Summary: River Bend 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 17.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in River Bend, NC
How many homes are available in River Bend, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 29 | -12.1% |
Summary: The River Bend real estate market had 29 homes for sale in April 2024, a 12.1% 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 | 6 | 7 | +16.7% |
| 3 Bedrooms | 25 | 19 | -24.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The River Bend 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 16.7%, 3 bedroom homes decreased by 24%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Asking Price vs. Sold Price
7 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 River Bend, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in River Bend in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for River Bend, NC
How long does it take to sell a home in River Bend, NC?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 32 Days | -6.5% |
Summary: Homes in River Bend had an average of 32 days on market in Apr 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in River Bend are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in River Bend; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
