$5,843 Closing Credit*
$492,000
3,849 SqFt
5 Beds
•3 Full Baths, 1 Partial
#100479751, Listing Office: Coldwell Banker Sea Coast Advantage - Jacksonville
Is Hofmann Forest, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hofmann Forest was a Seller's Market.
Key Takeaway
Hofmann Forest is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hofmann Forest, NC
How much do homes in Hofmann Forest, NC cost?
Median Sold Price
$359,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$16,500(+4.8%)
Key Takeaway
Homes in Hofmann Forest have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Hofmann Forest was $359,000 in November 2024, up 4.8% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $201.9K | - | N/A |
| 3 Bedrooms | $329.5K | $316K | -4.1% |
| 4 Bedrooms | $376.5K | $365.9K | -2.8% |
| 5+ Bedrooms | $445K | $422K | -5.2% |
Summary: Hofmann Forest 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 did not change, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 5.2%.
Median Sold Price Compared To Nearby Cities
| Richlands Township | $254.9K | $275.1K | +7.9% |
| Hofmann Forest | $342.5K | $359K | +4.8% |
| Jacksonville Township | $246.5K | $250.7K | +1.7% |
| White Oak Township | $269.3K | $273.1K | +1.4% |
| Maysville | $275K | $265K | -3.6% |
Housing Supply in Hofmann Forest, NC
How many homes are available in Hofmann Forest, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 33 | -8.3% |
Summary: The Hofmann Forest real estate market had 33 homes for sale in November 2024, a 8.3% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Hofmann Forest 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 remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 1 | -90.0% |
Asking Price vs. Sold Price
0 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 Hofmann Forest, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Hofmann Forest in November 2024, down by 90.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Hofmann Forest, NC
How long does it take to sell a home in Hofmann Forest, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 1 Day | -98.3% |
Summary: Homes in Hofmann Forest had an average of 1 days on market in Nov 2024, down by 98.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hofmann Forest are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Hofmann Forest; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
