Is Scotland Neck, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Scotland Neck was a Seller's Market.
Key Takeaway
Scotland Neck is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Scotland Neck, NC
How much do homes in Scotland Neck, NC cost?
Median Sold Price
$57,500
$36/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Scotland Neck have sold for 64.6% less than they did a month ago.
Summary: The median home sold price in Scotland Neck was $57,500 in April 2024, down 64.6% from last month, and the median price per square foot was $36.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $37.5K | N/A |
| 3 Bedrooms | $40K | - | N/A |
| 4 Bedrooms | $284.5K | - | N/A |
| 5+ Bedrooms | - | $77.5K | N/A |
Summary: Scotland Neck housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Scotland Neck | $162.2K | $57.5K | -64.6% |
| Scotland Neck Township | $162.2K | $57.5K | -64.6% |
Housing Supply in Scotland Neck, NC
How many homes are available in Scotland Neck, NC?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Scotland Neck real estate market had 12 homes for sale in April 2024, a 20.0% 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 | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 4 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Scotland Neck 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 remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Scotland Neck, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Scotland Neck in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Scotland Neck, NC
How long does it take to sell a home in Scotland Neck, NC?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 44 Days | -34.8% |
Summary: Homes in Scotland Neck had an average of 44 days on market in Apr 2024, down by 34.8% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Scotland Neck has remained consistent over time.
Summary: During April 2024, 2 homes were sold in Scotland Neck; 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.
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