$3,468 Closing Credit*
$292,066
1,383 SqFt
2 Beds
•2 Full Baths
Jeanna Chain, Dwayne Dixon, Listing Office: Chanticleer Properties LLC, Glenwood Homes
Is Sims, 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, Sims was a Buyer's Market.
Key Takeaway
Sims is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sims, NC
How much do homes in Sims, NC cost?
Median Sold Price
$502,000
$185/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$113,000(-18.4%)
Key Takeaway
Homes in Sims have sold for 18.4% less than they did a month ago.
Summary: The median home sold price in Sims was $502,000 in October 2024, down 18.4% from last month, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $615K | $539K | -12.4% |
| 4 Bedrooms | - | $380K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Sims 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 12.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Sims, NC
How many homes are available in Sims, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Sims real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sims 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 remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
6 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 Sims, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Sims in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sims, NC
How long does it take to sell a home in Sims, NC?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 29 Days | +98.9% |
Summary: Homes in Sims had an average of 29 days on market in Oct 2024, up by 98.9% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sims are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Sims; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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