Is Saint James, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint James is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Saint James was a Seller's Market.

Key Takeaway

Saint James 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 Saint James, NC

How much do homes in Saint James, NC cost?

Median Sold Price

$705,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+7.6%)

Key Takeaway

Homes in Saint James have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Saint James was $705,000 in October 2024, up 7.6% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $290K$314.5K
+8.4%
3 $624K$654.9K
+5.0%
4 $762.5K$884.5K
+16.0%
5+ $675K$1.6M
+137.0%

Summary: Saint James 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 8.4%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 137%.

Median Sold Price Compared To Nearby Cities

Smithville Township
+15.5%
Oak Island
+15.4%
Saint James
+7.6%
Lockwoods Folly Township
+4.9%

Housing Supply in Saint James, NC

How many homes are available in Saint James, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9996-3.0%

Summary: The Saint James real estate market had 96 homes for sale in October 2024, a 3.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 4847
-2.1%
4 4039
-2.5%
5+ 00
0.0%

Summary: The Saint James 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 9.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1715-11.8%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint James, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Saint James in October 2024, down by 11.8% month-over-month. Of the 15 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Saint James, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days87 Days+65.2%

Summary: Homes in Saint James had an average of 87 days on market in Oct 2024, up by 65.2% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Saint James has remained consistent over time.

Summary: During October 2024, 15 homes were sold in Saint James; 27% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

Newest Listings in Saint James, NC

Nearby Markets to Saint James, NC

What housing markets are near Saint James, NC?