$4,619 Closing Credit*
$389,000
585 SqFt
1 Bed
•1 Full Bath
#100472063, Listing Office: Coldwell Banker Sea Coast Advantage
Is Historic Downtown, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Historic Downtown has remained a Neutral Market.
Key Takeaway
Historic Downtown 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 Historic Downtown, NC
How much do homes in Historic Downtown, NC cost?
Median Sold Price
$390,000
$514/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$10,000(-2.5%)
Key Takeaway
Homes in Historic Downtown have sold for 2.5% less than they did a year ago.
Summary: The median home sold price in Historic Downtown was $390,000 in September 2024, down 2.5% from last year, and the median price per square foot was $514.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $388.2K | $373.5K | -3.8% |
| 2 Bedrooms | $646.5K | $705K | +9.0% |
| 3 Bedrooms | $504.5K | - | N/A |
| 4 Bedrooms | - | $580K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Historic Downtown housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.8%, 2 bedroom homes increased by 9%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Northside | $314.5K | $346K | +10.0% |
| Historic Downtown | $400K | $390K | -2.5% |
Housing Supply in Historic Downtown, NC
How many homes are available in Historic Downtown, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 30 | 33 | +10.0% |
Summary: The Historic Downtown real estate market had 33 homes for sale in September 2024, a 10.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 21 | 25 | +19.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Historic Downtown housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 19%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 5 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Historic Downtown, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Historic Downtown in September 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Historic Downtown, NC
How long does it take to sell a home in Historic Downtown, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 6 Days | 69 Days | +1053.3% |
Summary: Homes in Historic Downtown had an average of 69 days on market in Sep 2024, up by 1053.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Historic Downtown are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Historic Downtown; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
