$1,722 Closing Credit*
$145,000
947 SqFt
1 Bed
•1 Full Bath
STACY WHITCOME, Listing Office: HADLEY PROPERTIES REAL ESTATE & DEVELOPMENT
Is Salemburg, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Salemburg was a Neutral Market.
Key Takeaway
Salemburg is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Salemburg, NC
How much do homes in Salemburg, NC cost?
Median Sold Price
$280,000
$122/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$77,950(+38.6%)
Key Takeaway
Homes in Salemburg have sold for 38.6% more than they did a month ago.
Summary: The median home sold price in Salemburg was $280,000 in October 2024, up 38.6% from last month, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $279.1K | $215K | -23.0% |
| 4 Bedrooms | - | $280K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Salemburg 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 decreased by 23%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Salemburg, NC
How many homes are available in Salemburg, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Summary: The Salemburg real estate market had 15 homes for sale in October 2024, a 15.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Salemburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salemburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Salemburg in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Salemburg, NC
How long does it take to sell a home in Salemburg, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 90 Days | 32 Days | -64.4% |
Summary: Homes in Salemburg had an average of 32 days on market in Oct 2024, down by 64.4% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Salemburg are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Salemburg; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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