$2,433 Closing Credit*
$204,900
1,152 SqFt
2 Beds
•1 Full Bath, 1 Partial
Christal Dixon, Tonya Powell, Listing Office: Tammie Harris Real Estate Firm
Is Atlantic, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Atlantic was a Buyer's Market.
Key Takeaway
Atlantic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Atlantic, NC
How much do homes in Atlantic, NC cost?
Median Sold Price
$291,500
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$3,500(-1.2%)
Key Takeaway
Homes in Atlantic have sold for 1.2% less than they did a year ago.
Summary: The median home sold price in Atlantic was $291,500 in October 2024, down 1.2% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $140K | $232.5K | +66.1% |
| 2 Bedrooms | $230K | $263.9K | +14.8% |
| 3 Bedrooms | $326K | $333.5K | +2.3% |
| 4 Bedrooms | $370K | $383.5K | +3.6% |
| 5+ Bedrooms | $320K | $460K | +43.8% |
Summary: Atlantic housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.1%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 43.8%.
Housing Supply in Atlantic, NC
How many homes are available in Atlantic, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 47 | +9.3% |
Summary: The Atlantic real estate market had 47 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 14 | 17 | +21.4% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Atlantic housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 8 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlantic, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Atlantic in October 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Atlantic, NC
How long does it take to sell a home in Atlantic, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 45 Days | +4.9% |
Summary: Homes in Atlantic had an average of 45 days on market in Oct 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Atlantic has remained consistent over time.
Summary: During October 2024, 8 homes were sold in Atlantic; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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