Is Snow Hill, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Snow Hill is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Snow Hill has remained a Buyer's Market.

Key Takeaway

Snow Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Snow Hill, NC

How much do homes in Snow Hill, NC cost?

Median Sold Price

$209,900

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,550(-3.5%)

Key Takeaway

Homes in Snow Hill have sold for 3.5% less than they did a year ago.

Summary: The median home sold price in Snow Hill was $209,900 in October 2024, down 3.5% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $37K$152.5K
+312.2%
3 $210K$199.9K
-4.8%
4 $235K$237.9K
+1.3%
5+ $349.9K$324.9K
-7.1%

Summary: Snow Hill 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 312.2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 7.1%.

Median Sold Price Compared To Nearby Cities

Snow Hill Township
0%
Snow Hill
-3.5%

Housing Supply in Snow Hill, NC

How many homes are available in Snow Hill, NC?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Snow Hill real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1919
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Snow Hill 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 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 Snow Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Snow Hill in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Snow Hill, NC

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

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days74 Days+469.2%

Summary: Homes in Snow Hill had an average of 74 days on market in Oct 2024, up by 469.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Snow Hill has remained consistent over time.

Summary: During October 2024, 3 homes were sold in Snow Hill; 0% of homes were sold within 30 days, 67% 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 2 Days Ago

Newest Listings in Snow Hill, NC

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