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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bath is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Bath was a Seller's Market.

Key Takeaway

Bath is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Bath, NC

How much do homes in Bath, NC cost?

Median Sold Price

$420,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$6,000(+1.4%)

Key Takeaway

Homes in Bath have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Bath was $420,000 in October 2024, up 1.4% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$115K
N/A
2 $179K$325K
+81.6%
3 $450K$421.5K
-6.3%
4 $339K$650K
+91.7%
5+ $950K-
N/A

Summary: Bath housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 81.6%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 91.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Bath Township
+15.5%
Bath
+1.4%

Housing Supply in Bath, NC

How many homes are available in Bath, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The Bath real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1212
0.0%
4 23
+50.0%
5+ 00
0.0%

Summary: The Bath housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

3 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 Bath, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Bath in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bath, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
43 Days99 Days+126.7%

Summary: Homes in Bath had an average of 99 days on market in Oct 2024, up by 126.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Bath; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 17 Days Ago

Newest Listings in Bath, NC

Nearby Markets to Bath, NC

What housing markets are near Bath, NC?