Is Winnabow, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winnabow is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Winnabow has remained a Seller's Market.

Key Takeaway

Winnabow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Winnabow, NC

How much do homes in Winnabow, NC cost?

Median Sold Price

$347,590

$202/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$12,410(-3.4%)

Key Takeaway

Homes in Winnabow have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Winnabow was $347,590 in April 2024, down 3.4% from last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $280K$273.5K
-2.3%
3 $350K$342.5K
-2.1%
4 $410K$419.5K
+2.3%
5+ $425K$420K
-1.2%

Summary: Winnabow 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 2.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Smithville Township
+9.3%
Federal Point Township
+8.8%
Town Creek Township
+5.6%
Boiling Spring Lakes
+4.0%
Winnabow
-3.4%

Housing Supply in Winnabow, NC

How many homes are available in Winnabow, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4550+11.1%

Summary: The Winnabow real estate market had 50 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3030
0.0%
4 1113
+18.2%
5+ 03
+100.0%

Summary: The Winnabow 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 remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1114+27.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winnabow, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Winnabow in April 2024, up by 27.3% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.

Days on Market for Winnabow, NC

How long does it take to sell a home in Winnabow, NC?

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days112 Days+208.0%

Summary: Homes in Winnabow had an average of 112 days on market in Apr 2024, up by 208% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Winnabow are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 14 homes were sold in Winnabow; 29% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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