Is Ogden, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ogden is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Ogden was a Neutral Market.

Key Takeaway

Ogden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Ogden, NC

How much do homes in Ogden, NC cost?

Median Sold Price

$638,000

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,500(+3.3%)

Key Takeaway

Homes in Ogden have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Ogden was $638,000 in November 2024, up 3.3% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $270K$378K
+40.0%
3 $521.5K$481K
-7.8%
4 $566.5K$828.5K
+46.2%
5+ $839.2K$940K
+12.0%

Summary: Ogden housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 12%.

Housing Supply in Ogden, NC

How many homes are available in Ogden, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4544-2.2%

Summary: The Ogden real estate market had 44 homes for sale in November 2024, a 2.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 1516
+6.7%
4 1818
0.0%
5+ 76
-14.3%

Summary: The Ogden housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ogden, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Ogden in November 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Ogden, NC

How long does it take to sell a home in Ogden, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days34 Days+77.0%

Summary: Homes in Ogden had an average of 34 days on market in Nov 2024, up by 77% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Ogden are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 9 homes were sold in Ogden; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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