Is Bogue Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bogue Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bogue Township has remained a Seller's Market.

Key Takeaway

Bogue Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bogue Township, NC

How much do homes in Bogue Township, NC cost?

Median Sold Price

$255,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+21.4%)

Key Takeaway

Homes in Bogue Township have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in Bogue Township was $255,000 in November 2024, up 21.4% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162.5K-
N/A
2 $96K$145K
+51.0%
3 $210.9K$255K
+20.9%
4 $358K$289.9K
-19.0%
5+ --
N/A

Summary: Bogue Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51%, 3 bedroom homes increased by 20.9%, 4 bedroom homes decreased by 19%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lake Waccamaw
+59.0%
Hallsboro
+51.0%
Bogue Township
+21.4%

Housing Supply in Bogue Township, NC

How many homes are available in Bogue Township, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The Bogue Township real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 45
+25.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Bogue Township 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 remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
03+100.0%

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 Bogue Township, 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 Bogue Township in November 2024, up by 100.0% 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 Bogue Township, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
122 Days231 Days+88.8%

Summary: Homes in Bogue Township had an average of 231 days on market in Nov 2024, up by 88.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Bogue Township; 33% of homes were sold within 30 days, 0% 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 2 Days Ago

Newest Listings in Bogue Township, NC

Nearby Markets to Bogue Township, NC

What housing markets are near Bogue Township, NC?