$3,729 Closing Credit*
$314,000
1,849 SqFt
3 Beds
•2 Full Baths, 1 Partial
VIVIANA HERNANDEZ, Listing Office: EXP REALTY LLC
Is Broadway, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Broadway has remained a Seller's Market.
Key Takeaway
Broadway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Broadway, NC
How much do homes in Broadway, NC cost?
Median Sold Price
$309,900
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,950(+9.1%)
Key Takeaway
Homes in Broadway have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Broadway was $309,900 in October 2024, up 9.1% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | $354.9K | +65.1% |
| 3 Bedrooms | $280K | $299.9K | +7.1% |
| 4 Bedrooms | $367.5K | $362.5K | -1.4% |
| 5+ Bedrooms | $412.5K | $479.9K | +16.3% |
Summary: Broadway 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 65.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
| Broadway | $284.9K | $312.9K | +9.8% |
| Broadway | $283.9K | $309.9K | +9.1% |
| Upper Little River Township | $336.4K | $365K | +8.5% |
Housing Supply in Broadway, NC
How many homes are available in Broadway, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 36 | 0.0% |
Summary: The Broadway real estate market had 36 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Broadway 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 decreased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Broadway, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Broadway in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Broadway, NC
How long does it take to sell a home in Broadway, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 54 Days | -23.1% |
Summary: Homes in Broadway had an average of 54 days on market in Oct 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Broadway are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Broadway; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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