$72,000
2.03 Acres
Land
KIMBERLY BULLARD, Listing Office: KASTLE PROPERTIES LLC
Is Lumber Bridge, 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, Lumber Bridge has remained a Neutral Market.
Key Takeaway
Lumber Bridge 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 Lumber Bridge, NC
How much do homes in Lumber Bridge, NC cost?
Median Sold Price
$208,995
$152/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$43,417(-17.2%)
Key Takeaway
Homes in Lumber Bridge have sold for 17.2% less than they did a month ago.
Summary: The median home sold price in Lumber Bridge was $208,995 in October 2024, down 17.2% from last month, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $145K | $208.9K | +44.1% |
| 4 Bedrooms | $359.8K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lumber Bridge 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 increased by 44.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Lumber Bridge, NC
How many homes are available in Lumber Bridge, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Summary: The Lumber Bridge real estate market had 12 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lumber Bridge 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lumber Bridge, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Lumber Bridge in October 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Lumber Bridge, NC
How long does it take to sell a home in Lumber Bridge, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 Days | 33 Days | -63.3% |
Summary: Homes in Lumber Bridge had an average of 33 days on market in Oct 2024, down by 63.3% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lumber Bridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Lumber Bridge; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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