$3,858 Closing Credit*
$324,900
2,580 SqFt
4 Beds
•2 Full Baths
#100476459, Listing Office: RE/MAX Southland Realty II
Is Deep Run, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Deep Run has remained a Seller's Market.
Key Takeaway
Deep Run is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deep Run, NC
How much do homes in Deep Run, NC cost?
Median Sold Price
$237,500
$188/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$29,000(-10.9%)
Key Takeaway
Homes in Deep Run have sold for 10.9% less than they did a month ago.
Summary: The median home sold price in Deep Run was $237,500 in October 2024, down 10.9% from last month, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $268K | $237.5K | -11.4% |
| 4 Bedrooms | $259.9K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Deep Run housing prices by bedroom type for October 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 11.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pink Hill Township | $297K | $280K | -5.7% |
| Pink Hill | $297K | $280K | -5.7% |
| Deep Run | $266.5K | $237.5K | -10.9% |
| Trent Township | $266.5K | $237.5K | -10.9% |
Housing Supply in Deep Run, NC
How many homes are available in Deep Run, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Summary: The Deep Run real estate market had 10 homes for sale in October 2024, a 28.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 6 | -33.3% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Deep Run 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 33.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deep Run, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Deep Run in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Deep Run, NC
How long does it take to sell a home in Deep Run, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 103 Days | 77 Days | -25.0% |
Summary: Homes in Deep Run had an average of 77 days on market in Oct 2024, down by 25% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Deep Run are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 3 homes were sold in Deep Run; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
