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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Broadbay Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Broadbay Township, NC

How much do homes in Broadbay Township, NC cost?

Median Sold Price

$265,000

$176/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Broadbay Township has remained the same since last year.

Summary: The median home sold price in Broadbay Township was $265,000 in October 2024, the same as last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $204K$225K
+10.3%
3 $258K$261.5K
+1.4%
4 $320K$350K
+9.4%
5+ $400K$370K
-7.5%

Summary: Broadbay Township 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 10.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Cities

Winston Township
+3.4%
Broadbay Township
0.0%
Abbotts Creek Township
-3.0%
Midway
-3.3%

Housing Supply in Broadbay Township, NC

How many homes are available in Broadbay Township, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
14140.0%

Summary: The Broadbay Township real estate market had 14 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1010
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Broadbay Township 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 remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Broadbay Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Broadbay Township in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Broadbay Township, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days29 Days+97.7%

Summary: Homes in Broadbay Township had an average of 29 days on market in Oct 2024, up by 97.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Broadbay Township; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Broadbay Township, NC

Nearby Markets to Broadbay Township, NC

What housing markets are near Broadbay Township, NC?