$5,926 Closing Credit*
$499,000
2,518 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Coldwell Banker Realty
Is Oakhurst, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Oakhurst was a Seller's Market.
Key Takeaway
Oakhurst is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Oakhurst, NC
How much do homes in Oakhurst, NC cost?
Median Sold Price
$511,000
$307/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,500(+7.2%)
Key Takeaway
Homes in Oakhurst have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Oakhurst was $511,000 in October 2024, up 7.2% from last year, and the median price per square foot was $307.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $340K | $410K | +20.6% |
| 3 Bedrooms | $449.9K | $510K | +13.3% |
| 4 Bedrooms | $875K | $645K | -26.3% |
| 5+ Bedrooms | - | $1.2M | N/A |
Summary: Oakhurst housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 26.3%, and 5+ bedroom homes did not change.
Housing Supply in Oakhurst, NC
How many homes are available in Oakhurst, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Oakhurst real estate market had 25 homes for sale in October 2024, a 16.7% decrease 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 | 8 | 6 | -25.0% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Oakhurst 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 decreased by 25%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oakhurst, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Oakhurst in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Oakhurst, NC
How long does it take to sell a home in Oakhurst, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 92 Days | 37 Days | -60.0% |
Summary: Homes in Oakhurst had an average of 37 days on market in Oct 2024, down by 60% compared to last year.
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 Oakhurst are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Oakhurst; 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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