$949 Closing Credit*
$79,900
825 SqFt
2 Beds
•1 Full Bath
#100473712, Listing Office: Hasty Realty
Is Laurinburg, 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, Laurinburg has remained a Neutral Market.
Key Takeaway
Laurinburg 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 Laurinburg, NC
How much do homes in Laurinburg, NC cost?
Median Sold Price
$156,000
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$14,000(-8.2%)
Key Takeaway
Homes in Laurinburg have sold for 8.2% less than they did a year ago.
Summary: The median home sold price in Laurinburg was $156,000 in September 2024, down 8.2% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $92.5K | $93K | 0.5% |
| 3 Bedrooms | $153.7K | $170.5K | +10.9% |
| 4 Bedrooms | $254K | $234K | -7.9% |
| 5+ Bedrooms | $240K | $272K | +13.3% |
Summary: Laurinburg housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Laurinburg | $170K | $156K | -8.2% |
| Stewartsville Township | $173.5K | $158K | -8.9% |
Housing Supply in Laurinburg, NC
How many homes are available in Laurinburg, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 77 | 83 | +7.8% |
Summary: The Laurinburg real estate market had 83 homes for sale in September 2024, a 7.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 14 | +40.0% |
| 3 Bedrooms | 52 | 52 | 0.0% |
| 4 Bedrooms | 13 | 15 | +15.4% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Laurinburg housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laurinburg, you may be able to get a good deal. 38.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Laurinburg in September 2024, the same as the previous month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for Laurinburg, NC
How long does it take to sell a home in Laurinburg, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 42 Days | 21 Days | -49.5% |
Summary: Homes in Laurinburg had an average of 21 days on market in Sep 2024, down by 49.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Laurinburg are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 13 homes were sold in Laurinburg; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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