Is Haw River, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Haw River is a neutral's market

Buyer's
Market

Difference Since December 2023

Since last year, Haw River has remained a Neutral Market.

Key Takeaway

Haw River is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Haw River, NC

How much do homes in Haw River, NC cost?

Median Sold Price

$340,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$23,000(+7.3%)

Key Takeaway

Homes in Haw River have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Haw River was $340,000 in December 2024, up 7.3% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $130K-
N/A
2 $186.2K$210K
+12.8%
3 $275.9K$285K
+3.3%
4 $356K$349.9K
-1.7%
5+ $363.4K$387.4K
+6.6%

Summary: Haw River housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 3.3%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 6.6%.

Median Sold Price Compared To Nearby Cities

Haw River
+7.3%
Burlington
+4.2%
Graham
+2.6%

Housing Supply in Haw River, NC

How many homes are available in Haw River, NC?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7257-20.8%

Summary: The Haw River real estate market had 57 homes for sale in December 2024, a 20.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1515
0.0%
4 4637
-19.6%
5+ 51
-80.0%

Summary: The Haw River housing inventory by bedroom type for December 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 remained the same, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 80%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
119-18.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Haw River, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Haw River in December 2024, down by 18.2% month-over-month. Of the 9 sold homes, 22% were sold under asking, 56% were sold at asking, and 22% were sold over asking.

Days on Market for Haw River, NC

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

Average Sale Time

Dec 2023Dec 2024CHANGE
86 Days76 Days-12.3%

Summary: Homes in Haw River had an average of 76 days on market in Dec 2024, down by 12.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 9 homes were sold in Haw River; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% 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 4 Days Ago

Newest Listings in Haw River, NC

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