$8,253 Closing Credit*
$695,000
2,618 SqFt
2 Beds
•2 Full Baths, 1 Partial
McCullough C. Woodward, Listing Office: Coldwell Banker Advantage
Is Sophia, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sophia has remained a Seller's Market.
Key Takeaway
Sophia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sophia, NC
How much do homes in Sophia, NC cost?
Median Sold Price
$250,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$40,000(-13.8%)
Key Takeaway
Homes in Sophia have sold for 13.8% less than they did a year ago.
Summary: The median home sold price in Sophia was $250,000 in November 2024, down 13.8% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $270K | N/A |
| 2 Bedrooms | $268K | $209.5K | -21.8% |
| 3 Bedrooms | $290K | $250K | -13.8% |
| 4 Bedrooms | - | $240K | N/A |
| 5+ Bedrooms | - | $640K | N/A |
Summary: Sophia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.8%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Back Creek Township | $315.5K | $474.5K | +50.4% |
| Randleman | $251.5K | $267K | +6.2% |
| Randleman Township | $255.7K | $266K | +4.0% |
| Sophia | $290K | $250K | -13.8% |
| New Market Township | $281.7K | $240K | -14.8% |
Housing Supply in Sophia, NC
How many homes are available in Sophia, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 19 | +35.7% |
Summary: The Sophia real estate market had 19 homes for sale in November 2024, a 35.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 10 | 14 | +40.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sophia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 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 Sophia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Sophia in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sophia, NC
How long does it take to sell a home in Sophia, NC?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 36 Days | +500.0% |
Summary: Homes in Sophia had an average of 36 days on market in Nov 2024, up by 500% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Sophia has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Sophia; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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