$5,759 Closing Credit*
$485,000
2,863 SqFt
4 Beds
•3 Full Baths, 1 Partial
Rhonda McLean, Listing Office: Re/MaxDiamond Realty
Is Haw River, 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, Haw River has remained a Seller's Market.
Key Takeaway
Haw River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Haw River, NC
How much do homes in Haw River, NC cost?
Median Sold Price
$340,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,835(+6.9%)
Key Takeaway
Homes in Haw River have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Haw River was $340,000 in November 2024, up 6.9% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $185K | $202K | +9.2% |
| 3 Bedrooms | $279.9K | $281.4K | 0.5% |
| 4 Bedrooms | $356K | $352K | -1.1% |
| 5+ Bedrooms | $363.4K | $384K | +5.7% |
Summary: Haw River housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Haw River | $318.1K | $340K | +6.9% |
| Burlington | $264.7K | $275K | +3.9% |
| Graham | $335.2K | $337K | 0.5% |
Housing Supply in Haw River, NC
How many homes are available in Haw River, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 88 | 73 | -17.0% |
Summary: The Haw River real estate market had 73 homes for sale in November 2024, a 17.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 19 | 14 | -26.3% |
| 4 Bedrooms | 52 | 46 | -11.5% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The Haw River 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 decreased by 28.6%, 3 bedroom homes decreased by 26.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 23 | 14 | -39.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Haw River, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Haw River in November 2024, down by 39.1% month-over-month. Of the 14 sold homes, 50% were sold under asking, 43% were sold at asking, and 7% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 54 Days | -33.0% |
Summary: Homes in Haw River had an average of 54 days on market in Nov 2024, down by 33% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Haw River has remained consistent over time.
Summary: During November 2024, 14 homes were sold in Haw River; 14% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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