Is Hemby Bridge, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hemby Bridge is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Hemby Bridge has remained a Seller's Market.

Key Takeaway

Hemby Bridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hemby Bridge, NC

How much do homes in Hemby Bridge, NC cost?

Median Sold Price

$325,000

$228/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,750(+1.5%)

Key Takeaway

Homes in Hemby Bridge have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Hemby Bridge was $325,000 in November 2024, up 1.5% from last year, and the median price per square foot was $228.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $185K$297.5K
+60.8%
3 $283.5K$325K
+14.6%
4 $556K$525K
-5.6%
5+ $647.5K-
N/A

Summary: Hemby Bridge 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 60.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Lake Park
+4.0%
Stallings
+3.4%
Hemby Bridge
+1.5%
Indian Trail
0.1%
Vance Township
-0.4%

Housing Supply in Hemby Bridge, NC

How many homes are available in Hemby Bridge, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The Hemby Bridge real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 77
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Hemby Bridge 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hemby Bridge, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Hemby Bridge in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Hemby Bridge, NC

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

Average Sale Time

Nov 2023Nov 2024CHANGE
47 Days18 Days-60.9%

Summary: Homes in Hemby Bridge had an average of 18 days on market in Nov 2024, down by 60.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Hemby Bridge; 50% of homes were sold within 30 days, 50% 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 17 Days Ago

Newest Listings in Hemby Bridge, NC

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