Is Halifax County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Halifax County has remained a Seller's Market.
Key Takeaway
Halifax County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Halifax County, NC
How much do homes in Halifax County, NC cost?
Median Sold Price
$139,750
$95/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Halifax County have sold for 19% less than they did a year ago.
Summary: The median home sold price in Halifax County was $139,750 in May 2024, down 19% from last year, and the median price per square foot was $95.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $15K | - | N/A |
| 2 Bedrooms | $52K | $50K | -3.8% |
| 3 Bedrooms | $180K | $159.4K | -11.4% |
| 4 Bedrooms | $284.5K | $235K | -17.4% |
| 5+ Bedrooms | $208.7K | $76.2K | -63.5% |
Summary: Halifax County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.8%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 63.5%.
Median Sold Price Compared To Nearby Counties
| Nash County | $250.5K | $265.6K | +6.0% |
| Edgecombe County | $160K | $169.4K | +5.9% |
| Halifax County | $172.5K | $139.7K | -19.0% |
Housing Supply in Halifax County, NC
How many homes are available in Halifax County, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 49 | -7.5% |
Summary: The Halifax County real estate market had 49 homes for sale in May 2024, a 7.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 27 | 23 | -14.8% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Halifax County housing inventory by bedroom type for May 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 14.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Halifax County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Halifax County in May 2024, up by 22.2% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Halifax County, NC
How long does it take to sell a home in Halifax County, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 99 Days | 67 Days | -32.0% |
Summary: Homes in Halifax County had an average of 67 days on market in May 2024, down by 32% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Halifax County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Halifax County; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
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