Is Stedman, 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, Stedman was a Seller's Market.
Housing Prices in Stedman, NC
How much do homes in Stedman, NC cost?
Median Sold Price
$299,950
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Stedman was $299,950 in April 2024, up 13.4% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $199.5K | $85K | -57.4% |
3 Bedrooms | $240K | $252.4K | +5.2% |
4 Bedrooms | $296.9K | $335.1K | +12.8% |
5+ Bedrooms | $458K | $420.9K | -8.1% |
Summary: Stedman 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 decreased by 57.4%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
Stedman | $264.4K | $299.9K | +13.4% |
Cedar Creek Township | $257.5K | $279K | +8.3% |
Housing Supply in Stedman, NC
How many homes are available in Stedman, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 22 | +10.0% |
Summary: The Stedman real estate market had 22 homes for sale in April 2024, a 10.0% 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 | 1 | 0 | -100.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Stedman 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 decreased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 3 | -70.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Stedman in April 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Stedman, NC
How long does it take to sell a home in Stedman, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
125 Days | 108 Days | -13.7% |
Summary: Homes in Stedman had an average of 108 days on market in Apr 2024, down by 13.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Stedman; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.