Is Douglas Byrd, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas Byrd is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Douglas Byrd has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Douglas Byrd, NC

How much do homes in Douglas Byrd, NC cost?

Median Sold Price

$197,000

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$17,350(+9.7%)

Key Takeaway

Homes in Douglas Byrd have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Douglas Byrd was $197,000 in November 2024, up 9.7% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $83K$40K
-51.8%
2 $130K$137.1K
+5.5%
3 $176K$194.6K
+10.5%
4 $213K$240K
+12.7%
5+ $361K$284.9K
-21.1%

Summary: Douglas Byrd housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 51.8%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes decreased by 21.1%.

Median Sold Price Compared To Nearby Neighborhoods

Douglas Byrd
+9.7%
Bordeaux
+7.3%

Housing Supply in Douglas Byrd, NC

How many homes are available in Douglas Byrd, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
139131-5.8%

Summary: The Douglas Byrd real estate market had 131 homes for sale in November 2024, a 5.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 96
-33.3%
3 105101
-3.8%
4 2021
+5.0%
5+ 53
-40.0%

Summary: The Douglas Byrd 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 decreased by 33.3%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3829-23.7%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas Byrd, you may be able to get a good deal. 41.4% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Douglas Byrd in November 2024, down by 23.7% month-over-month. Of the 29 sold homes, 41% were sold under asking, 31% were sold at asking, and 28% were sold over asking.

Days on Market for Douglas Byrd, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days31 Days-14.6%

Summary: Homes in Douglas Byrd had an average of 31 days on market in Nov 2024, down by 14.6% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 29 homes were sold in Douglas Byrd; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

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