$8,491 Closing Credit*
$715,000
1,749 SqFt
3 Beds
•2 Full Baths
#100474721, Listing Office: Hilton Auction & Realty Inc-Whiteville
Is Lake Waccamaw, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lake Waccamaw has remained a Buyer's Market.
Key Takeaway
Lake Waccamaw is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lake Waccamaw, NC
How much do homes in Lake Waccamaw, NC cost?
Median Sold Price
$525,000
$423/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$226,500(+75.9%)
Key Takeaway
Homes in Lake Waccamaw have sold for 75.9% more than they did a month ago.
Summary: The median home sold price in Lake Waccamaw was $525,000 in October 2024, up 75.9% from last month, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $525K | N/A |
| 3 Bedrooms | $298.5K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lake Waccamaw housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 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 Cities
| Lake Waccamaw | $298.5K | $525K | +75.9% |
| Waccamaw Township | $298.5K | $525K | +75.9% |
Housing Supply in Lake Waccamaw, NC
How many homes are available in Lake Waccamaw, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Summary: The Lake Waccamaw real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 9 | 8 | -11.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lake Waccamaw housing inventory by bedroom type for October 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 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
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 Lake Waccamaw, 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 Lake Waccamaw in October 2024, down by 50.0% 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 Lake Waccamaw, NC
How long does it take to sell a home in Lake Waccamaw, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 4 Days | -92.9% |
Summary: Homes in Lake Waccamaw had an average of 4 days on market in Oct 2024, down by 92.9% compared to last month.
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 Lake Waccamaw are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Lake Waccamaw; 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.
