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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bostic is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Bostic was a Neutral Market.

Key Takeaway

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

Housing Prices in Bostic, NC

How much do homes in Bostic, NC cost?

Median Sold Price

$325,000

$210/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$125,000(-27.8%)

Key Takeaway

Homes in Bostic have sold for 27.8% less than they did a month ago.

Summary: The median home sold price in Bostic was $325,000 in November 2024, down 27.8% from last month, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $67.5K-
N/A
3 $500K$325K
-35.0%
4 --
N/A
5+ --
N/A

Summary: Bostic 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 35%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Bostic, NC

How many homes are available in Bostic, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1920+5.3%

Summary: The Bostic real estate market had 20 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 55
0.0%
3 1313
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Bostic 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was 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 Bostic, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Bostic in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Bostic, NC

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

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days104 Days+200.0%

Summary: Homes in Bostic had an average of 104 days on market in Nov 2024, up by 200% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Bostic; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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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