$5,818 Closing Credit*
$489,900
1,211 SqFt
2 Beds
•2 Full Baths
Listing Office: The McDevitt Agency
Is Fourth Ward, 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, Fourth Ward has remained a Seller's Market.
Key Takeaway
Fourth Ward is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fourth Ward, NC
How much do homes in Fourth Ward, NC cost?
Median Sold Price
$375,000
$409/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,750(+6.2%)
Key Takeaway
Homes in Fourth Ward have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in Fourth Ward was $375,000 in October 2024, up 6.2% from last year, and the median price per square foot was $409.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $300K | $325K | +8.3% |
| 2 Bedrooms | $437.5K | $485K | +10.9% |
| 3 Bedrooms | $570.5K | $575K | +0.8% |
| 4 Bedrooms | $2.8M | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fourth Ward housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 0.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Fourth Ward, NC
How many homes are available in Fourth Ward, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 70 | 78 | +11.4% |
Summary: The Fourth Ward real estate market had 78 homes for sale in October 2024, a 11.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 27 | 27 | 0.0% |
| 2 Bedrooms | 29 | 35 | +20.7% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fourth Ward 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 increased by 20.7%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 14 | +16.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Fourth Ward, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Fourth Ward in October 2024, up by 16.7% month-over-month. Of the 14 sold homes, 79% were sold under asking, 14% were sold at asking, and 7% were sold over asking.
Days on Market for Fourth Ward, NC
How long does it take to sell a home in Fourth Ward, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 16 Days | 47 Days | +190.0% |
Summary: Homes in Fourth Ward had an average of 47 days on market in Oct 2024, up by 190% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Fourth Ward has remained consistent over time.
Summary: During October 2024, 14 homes were sold in Fourth Ward; 36% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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