$7,124 Closing Credit*
$599,900
2,895 SqFt
4 Beds
•2 Full Baths, 1 Partial
Ashley Trammel, Alan Trammel, Listing Office: Trammel Brothers Inc.
Is Bahama, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Bahama was a Seller's Market.
Key Takeaway
Bahama is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bahama, NC
How much do homes in Bahama, NC cost?
Median Sold Price
$330,000
$226/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$122,500(-27.1%)
Key Takeaway
Homes in Bahama have sold for 27.1% less than they did a month ago.
Summary: The median home sold price in Bahama was $330,000 in November 2024, down 27.1% from last month, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $365K | - | N/A |
| 3 Bedrooms | $540K | $330K | -38.9% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Bahama housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Bahama, NC
How many homes are available in Bahama, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 10 | -9.1% |
Summary: The Bahama real estate market had 10 homes for sale in November 2024, a 9.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bahama housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bahama, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Bahama in November 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Bahama, NC
How long does it take to sell a home in Bahama, NC?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 10 Days | -76.6% |
Summary: Homes in Bahama had an average of 10 days on market in Nov 2024, down by 76.6% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bahama are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Bahama; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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