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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bakersville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Bakersville has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Bakersville, NC

How much do homes in Bakersville, NC cost?

Median Sold Price

$280,500

$168/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$122,250(-30.4%)

Key Takeaway

Homes in Bakersville have sold for 30.4% less than they did a month ago.

Summary: The median home sold price in Bakersville was $280,500 in November 2024, down 30.4% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $545.5K-
N/A
3 $260K-
N/A
4 -$280.5K
N/A
5+ --
N/A

Summary: Bakersville 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bakersville, NC

How many homes are available in Bakersville, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3334+3.0%

Summary: The Bakersville real estate market had 34 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1211
-8.3%
3 1112
+9.1%
4 56
+20.0%
5+ 22
0.0%

Summary: The Bakersville 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 8.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bakersville, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Bakersville in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bakersville, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
46 Days20 Days-57.0%

Summary: Homes in Bakersville had an average of 20 days on market in Nov 2024, down by 57% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bakersville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Bakersville; 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.

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

Report Updated 21 Days Ago

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MLS Disclaimers and Copyright

Based on information from Canopy MLS for the period 10/01/2024 - 12/01/2024

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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