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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlantic is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 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

$293,000

$214/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$117,000(-28.5%)

Key Takeaway

Homes in Atlantic have sold for 28.5% less than they did a month ago.

Summary: The median home sold price in Atlantic was $293,000 in September 2024, down 28.5% from last month, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 -$146.6K
N/A
2 $290K$285K
-1.7%
3 $410K$355K
-13.4%
4 --
N/A
5+ $505K-
N/A

Summary: Atlantic housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Atlantic, NC

How many homes are available in Atlantic, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
3641+13.9%

Summary: The Atlantic real estate market had 41 homes for sale in September 2024, a 13.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 12
+100.0%
2 1314
+7.7%
3 1720
+17.6%
4 24
+100.0%
5+ 31
-66.7%

Summary: The Atlantic housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

6 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 Atlantic, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Atlantic in September 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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

Aug 2024Sep 2024CHANGE
44 Days34 Days-22.2%

Summary: Homes in Atlantic had an average of 34 days on market in Sep 2024, down by 22.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Atlantic has remained consistent over time.

Summary: During September 2024, 7 homes were sold in Atlantic; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% 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 22 Days Ago

Newest Listings in Atlantic, NC

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