Is Enfield, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enfield is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Enfield was a Neutral Market.

Key Takeaway

Enfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Enfield, NC

How much do homes in Enfield, NC cost?

Median Sold Price

$120,000

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+14.3%)

Key Takeaway

Homes in Enfield have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in Enfield was $120,000 in October 2024, up 14.3% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $105K$47.9K
-54.3%
3 $123K$175K
+42.3%
4 $175K$85K
-51.4%
5+ $63.7K$41K
-35.7%

Summary: Enfield 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 decreased by 54.3%, 3 bedroom homes increased by 42.3%, 4 bedroom homes decreased by 51.4%, and 5+ bedroom homes decreased by 35.7%.

Median Sold Price Compared To Nearby Cities

Enfield
+14.3%
Enfield Township
+14.3%

Housing Supply in Enfield, NC

How many homes are available in Enfield, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
17170.0%

Summary: The Enfield real estate market had 17 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 32
-33.3%
3 89
+12.5%
4 22
0.0%
5+ 44
0.0%

Summary: The Enfield 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 decreased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Enfield in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Enfield, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
51 Days85 Days+66.0%

Summary: Homes in Enfield had an average of 85 days on market in Oct 2024, up by 66% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Enfield has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Enfield; 0% of homes were sold within 30 days, 100% 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 20 Days Ago

Newest Listings in Enfield, NC

Nearby Markets to Enfield, NC