Is Hubert, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Hubert has remained a Seller's Market.
Key Takeaway
Hubert is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Hubert, NC
How much do homes in Hubert, NC cost?
Median Sold Price
$250,166
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Hubert have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Hubert was $250,166 in May 2024, up 5.2% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $156.2K | $184.9K | +18.3% |
| 3 Bedrooms | $232.5K | $247.5K | +6.4% |
| 4 Bedrooms | $347K | $365K | +5.2% |
| 5+ Bedrooms | $470K | $750K | +59.6% |
Summary: Hubert housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.3%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 59.6%.
Median Sold Price Compared To Nearby Cities
| Swansboro | $325K | $375K | +15.4% |
| Midway Park | $283K | $308.2K | +8.9% |
| Stella | $360K | $387.7K | +7.7% |
| Swansboro Township | $262.6K | $282K | +7.4% |
| Hubert | $237.8K | $250.1K | +5.2% |
Housing Supply in Hubert, NC
How many homes are available in Hubert, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 167 | 144 | -13.8% |
Summary: The Hubert real estate market had 144 homes for sale in May 2024, a 13.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 9 | -18.2% |
| 3 Bedrooms | 118 | 95 | -19.5% |
| 4 Bedrooms | 35 | 38 | +8.6% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Hubert housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 19.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 38 | -17.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hubert, expect to pay close to the asking price. 44.7% of homes here sold near the asking price last month.
Summary: A total of 38 homes were sold or pending in Hubert in May 2024, down by 17.4% month-over-month. Of the 38 sold homes, 32% were sold under asking, 45% were sold at asking, and 24% were sold over asking.
Days on Market for Hubert, NC
How long does it take to sell a home in Hubert, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 23 Days | -16.8% |
Summary: Homes in Hubert had an average of 23 days on market in May 2024, down by 16.8% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Hubert are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 38 homes were sold in Hubert; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
