$3,859 Closing Credit*
$325,000
1,483 SqFt
3 Beds
•2 Baths
#100479815, Listing Office: EXP Realty
Is Dry Pond / South Side, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Dry Pond / South Side has remained a Buyer's Market.
Key Takeaway
Dry Pond / South Side is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dry Pond / South Side, NC
How much do homes in Dry Pond / South Side, NC cost?
Median Sold Price
$280,000
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$13,500(-4.6%)
Key Takeaway
Homes in Dry Pond / South Side have sold for 4.6% less than they did a year ago.
Summary: The median home sold price in Dry Pond / South Side was $280,000 in November 2024, down 4.6% from last year, and the median price per square foot was $264.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $182K | $240K | +31.9% |
| 2 Bedrooms | $271K | $268.9K | -0.8% |
| 3 Bedrooms | $300K | $309.9K | +3.3% |
| 4 Bedrooms | $439.5K | $422.5K | -3.9% |
| 5+ Bedrooms | $335K | - | N/A |
Summary: Dry Pond / South Side housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.9%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Sunset Park | $295K | $327K | +10.8% |
| Dry Pond / South Side | $293.5K | $280K | -4.6% |
| Old Wilmington | $525K | $480K | -8.6% |
| Greenfield | $328.2K | $270K | -17.7% |
Housing Supply in Dry Pond / South Side, NC
How many homes are available in Dry Pond / South Side, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 46 | +9.5% |
Summary: The Dry Pond / South Side real estate market had 46 homes for sale in November 2024, a 9.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 15 | 17 | +13.3% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Dry Pond / South Side 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 increased by 13.3%, 3 bedroom homes increased by 17.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Dry Pond / South Side, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Dry Pond / South Side in November 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Dry Pond / South Side, NC
How long does it take to sell a home in Dry Pond / South Side, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 15 Days | 25 Days | +71.1% |
Summary: Homes in Dry Pond / South Side had an average of 25 days on market in Nov 2024, up by 71.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dry Pond / South Side are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in Dry Pond / South Side; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
