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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whiteville is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Whiteville was a Neutral Market.

Key Takeaway

Whiteville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Whiteville, NC

How much do homes in Whiteville, NC cost?

Median Sold Price

$235,250

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$35,250(+17.6%)

Key Takeaway

Homes in Whiteville have sold for 17.6% more than they did a year ago.

Summary: The median home sold price in Whiteville was $235,250 in May 2024, up 17.6% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$154K
N/A
2 $100.5K$117.5K
+16.9%
3 $182K$232K
+27.5%
4 $305.5K$308K
+0.8%
5+ $330K$501.2K
+51.9%

Summary: Whiteville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 27.5%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 51.9%.

Median Sold Price Compared To Nearby Cities

Whiteville Township
+21.6%
Whiteville
+17.6%

Housing Supply in Whiteville, NC

How many homes are available in Whiteville, NC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5966+11.9%

Summary: The Whiteville real estate market had 66 homes for sale in May 2024, a 11.9% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 612
+100.0%
3 3432
-5.9%
4 1315
+15.4%
5+ 67
+16.7%

Summary: The Whiteville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Whiteville, 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 Whiteville in May 2024, down by 11.1% month-over-month. Of the 8 sold homes, 88% were sold under asking, 13% were sold at asking, and 0% were sold over asking.

Days on Market for Whiteville, NC

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

Average Sale Time

May 2023May 2024CHANGE
48 Days79 Days+62.3%

Summary: Homes in Whiteville had an average of 79 days on market in May 2024, up by 62.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 8 homes were sold in Whiteville; 38% of homes were sold within 30 days, 13% 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 8 Days Ago

Newest Listings in Whiteville, NC

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