Is Sneads Ferry, 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, Sneads Ferry has remained a Seller's Market.
Housing Prices in Sneads Ferry, NC
How much do homes in Sneads Ferry, NC cost?
Median Sold Price
$389,728
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sneads Ferry was $389,728 in April 2024, up 7.5% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $215.2K | +13.3% |
2 Bedrooms | $346.7K | $350K | +0.9% |
3 Bedrooms | $335K | $360K | +7.5% |
4 Bedrooms | $409.4K | $420K | +2.6% |
5+ Bedrooms | $840K | $707.5K | -15.8% |
Summary: Sneads Ferry housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Cities
North Topsail Beach | $450K | $510K | +13.3% |
Hubert | $234.9K | $254.9K | +8.5% |
Sneads Ferry | $362.6K | $389.7K | +7.5% |
Stump Sound Township | $345K | $365K | +5.8% |
Housing Supply in Sneads Ferry, NC
How many homes are available in Sneads Ferry, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
299 | 334 | +11.7% |
Summary: The Sneads Ferry real estate market had 334 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 25 | +8.7% |
2 Bedrooms | 43 | 50 | +16.3% |
3 Bedrooms | 123 | 129 | +4.9% |
4 Bedrooms | 75 | 81 | +8.0% |
5+ Bedrooms | 35 | 49 | +40.0% |
Summary: The Sneads Ferry housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.7%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 58 | +20.8% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 58 homes were sold or pending in Sneads Ferry in April 2024, up by 20.8% month-over-month. Of the 58 sold homes, 55% were sold under asking, 26% were sold at asking, and 19% were sold over asking.
Days on Market for Sneads Ferry, NC
How long does it take to sell a home in Sneads Ferry, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 71 Days | +49.9% |
Summary: Homes in Sneads Ferry had an average of 71 days on market in Apr 2024, up by 49.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 58 homes were sold in Sneads Ferry; 50% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.