Is Bonnie Doone, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bonnie Doone is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Bonnie Doone has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bonnie Doone, NC

How much do homes in Bonnie Doone, NC cost?

Median Sold Price

$219,500

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,600(+10.4%)

Key Takeaway

Homes in Bonnie Doone have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Bonnie Doone was $219,500 in November 2024, up 10.4% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $110K$135K
+22.7%
3 $204.9K$215.2K
+5.0%
4 $246.5K$285K
+15.6%
5+ $474K$550K
+16.0%

Summary: Bonnie Doone 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 22.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 16%.

Housing Supply in Bonnie Doone, NC

How many homes are available in Bonnie Doone, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9493-1.1%

Summary: The Bonnie Doone real estate market had 93 homes for sale in November 2024, a 1.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2121
0.0%
3 4345
+4.7%
4 2017
-15.0%
5+ 1010
0.0%

Summary: The Bonnie Doone 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 4.7%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2621-19.2%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bonnie Doone, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Bonnie Doone in November 2024, down by 19.2% month-over-month. Of the 21 sold homes, 57% were sold under asking, 33% were sold at asking, and 10% were sold over asking.

Days on Market for Bonnie Doone, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
30 Days74 Days+140.8%

Summary: Homes in Bonnie Doone had an average of 74 days on market in Nov 2024, up by 140.8% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 21 homes were sold in Bonnie Doone; 48% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 33% 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

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