$2,048 Closing Credit*
$172,500
1,693 SqFt
3 Beds
•2 Full Baths
Listing Office: Premier Real Estate Of The Sandhills Llc
Is Scotland County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Scotland County has remained a Seller's Market.
Key Takeaway
Scotland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Scotland County, NC
How much do homes in Scotland County, NC cost?
Median Sold Price
$169,666
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$8,283(-4.7%)
Key Takeaway
Homes in Scotland County have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in Scotland County was $169,666 in October 2024, down 4.7% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90.4K | $93K | +2.8% |
| 3 Bedrooms | $165K | $175K | +6.1% |
| 4 Bedrooms | $255K | $320K | +25.5% |
| 5+ Bedrooms | $244.7K | $323.5K | +32.2% |
Summary: Scotland County 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 2.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 32.2%.
Median Sold Price Compared To Nearby Counties
| Robeson County | $199.4K | $215K | +7.8% |
| Richmond County | $169K | $178.4K | +5.6% |
| Hoke County | $282.7K | $287K | +1.5% |
| Scotland County | $177.9K | $169.6K | -4.7% |
Housing Supply in Scotland County, NC
How many homes are available in Scotland County, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 107 | 114 | +6.5% |
Summary: The Scotland County real estate market had 114 homes for sale in October 2024, a 6.5% increase 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 | 17 | 18 | +5.9% |
| 3 Bedrooms | 64 | 64 | 0.0% |
| 4 Bedrooms | 22 | 27 | +22.7% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Scotland County 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 increased by 5.9%, 3 bedroom homes remained the same, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Scotland County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Scotland County in October 2024, down by 4.5% month-over-month. Of the 21 sold homes, 57% were sold under asking, 24% were sold at asking, and 19% were sold over asking.
Days on Market for Scotland County, NC
How long does it take to sell a home in Scotland County, NC?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +18.2% |
Summary: Homes in Scotland County had an average of 40 days on market in Oct 2024, up by 18.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Scotland County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 21 homes were sold in Scotland County; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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